Mouths water at oil boom prospects

There is plenty of hype around Ireland’s oil exploration sector, but there have also been numerous disappointments. With the Barryroe bonanza this week, could the country be set for a new boom, asks Kyran Fitzgerald

Mouths water at oil boom prospects

Ireland’s oil exploration sector has, over the years, produced a lot of guff but very little gush. Could this all be about to change as estimates on the value of the Barryroe field start to rise?

This week, Liberum Capital Analysts doubled its estimates of the recoverable reserves at Barryroe to 200m barrels.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €120 €60

Best value

Monthly €10€5 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited