The announcement by Dublin oil exploration company Petrel Resources this Thursday that it had unfrozen shares representing over 20 per cent of its capital marks the end of a two-year saga worthy of a screen adaptation. The £300,000 purchase of the contentious shares by Petrel directors John Teeling and James Finn is just one part of the profit made by mysterious American lenders at the expense of the company and its shareholders. The dispute started in the New Year of 2020 when Petrel disclosed to London’s AIM market, where it is listed, that a promised investment by a group of…

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