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Ireland 'close to oil billions'
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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:MV8yMDEzMTQzXzMzODU4MTkwXzUzMTZGOTVC] [quote:Anonymous Coward 23883145:MV8yMDEzMTQzXzMzODMyNDU4XzE3NEVFOTRB] [quote:Light to Go:MV8yMDEzMTQzXzMzODMwNjYwXzlCMzUyRTVF] That explains now why the queen visited. Be careful Ireland, take a look at Louisianna and see what the oil companies will do to your wonderful country. Explore free energy, afterall you are decendents of the Druids, live up to it! [/quote] Any Fault lines under or through Ireland? [/quote] The whole country is a bit faulty if you ask me... [/quote]
Original Message
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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