Examiner appointed to Barryroe as Goodman eyes pivot to green energy

Beef tycoon Larry Goodman BOE had been facing potential liquidation, but a shareholder vote scheduled for July 24th was called off after Mr Goodman initiated a bid for the court to protect BOE from its creditors.

Goodman’s Vevan Unlimited holds a 20% stake in the oil and gas exploration firm. Picture: Colin Keegan

The High Court has appointed an examiner to Barryroe Offshore Energy (BOE) after hearing a vehicle of beef tycoon Larry Goodman could inject significant capital for a pivot away from fossil fuel exploration towards green energy.

There was no opposition to the examinership petition presented to the court on Monday by Mr Goodman’s Vevan Unlimited, which holds a 20% stake in the oil and gas exploration firm. BOE had been facing potential liquidation, but a shareholder vote scheduled for July 24 was called off after Mr Goodman initiated a bid for the court to protect BOE from its creditors.