Oil firm appoints development officer

IRISH oil and gas exploration company Petroceltic – which has its main operational focus in North Africa and the Mediterranean – has appointed former Tullow Oil chief financial officer, Tom Hickey, as its corporate development officer. Mr Hickey joins the Petroceltic board with immediate effect and will take up his new role at the beginning of next month.

Meanwhile, fellow Irish exploration company, Providence Resources has reported positive results from its latest seismic studies at its Kish Bank Basin/Dalkey Island prospect – situated off the Dublin coast – which has shown the area to have potential oil reservoirs of up to 870m barrels.