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Ireland 'close to oil billions'
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:GeordieLegend:MV8yMDEzMTQzXzMzODMwNDk5XzY2RjU1RTVC] [quote:Anonymous Coward 1403333:MV8yMDEzMTQzXzMzODMwMzcxX0YzRTJFRDYy] It will be put on tankers and shipped straight to milford haven, the irish will see fuck all of it... :hf: [/quote] You're right. Just watch - Cameron will go all "Falklands" on their asses, and the cash will be stuck in England's back pocket. [/quote]
Ireland is on the verge of securing revenue from oil that could run into billions of pounds.
Providence Resources Plc, an Irish and UK company, has confirmed its Barryroe site, 30 miles off the Cork coast, should yield 280m barrels of oil.
Providence chief executive Tony O'Reilly Jr said this was the beginning of an Irish oil industry.
He described it as a huge success story, following decades of exploration around the Irish coast.
link to www.bbc.co.uk
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