A Jersey company linked to beef baron Larry Goodman is to pump an initial €6.05 million into cash-strapped oil and gas explorer Barryroe Offshore Energy, under a proposed rescue scheme for the firm to be approved by the High Court. Examiner Kieran Wallace says he is satisfied the PLC has a reasonable prospect of survival based on a commitment by Lorsden (Jersey) Ltd to further supplement that multi-million investment with “substantial additional funds as required to invest in future approved business plan prospects”. Creditors’ meetings to vote on the proposals took place on October 24 at the Clayton Hotel on…

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