Irish exploration company Clontarf Energy has said it remains "hopeful" it can reach agreement on a long-running dispute over lost acreage in Ghana.

Shares in the John Teeling run Connemara Mining rose over 7% as international “value investor” Paul Johnson substantially increased his stake in the firm.

Exploration-related activity in Irish waters is set to heat up further in the coming months with a new multi-client 3D seismic survey to be undertaken off the west coast.

Irish exploration firm, Clontarf Energy, is in early talks with prospective equity partners.

Irish mineral prospector Botswana Diamonds has reported a near 7% decline in first-half losses.

John Teeling has said exploration firm Petrel Resources, of which he is chairman, has ample resources to weather the current challenging market conditions produced by the low oil price environment.

Petrel Resources is actively eyeing up more prospects in Ireland and elsewhere and is planning drilling activity on existing Irish acreage in the next three to four years.

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John Teeling’s Botswana Diamonds expects its 2015 exploration programme to include a double-digit number of drill holes tested to identify targets, as it looks to increase its focus on the southern African country.

Dublin-based exploration firm Petroceltic has agreed a settlement with one of its former consultants in North Africa, after lengthy legal proceedings, nudging its share price in London up by almost 1% yesterday.

Adapting sensors that were previously used in medical diagnostics, Allogen Biotech has created a unique device which can be used to check gluten levels during food production, writes Trish Dromey

One domestic-based exploration firm has openly criticised the Government for its new tax rates for oil finds in Irish waters, just a week after they were unveiled.

Irish exploration firm Clontarf Energy has reported a 145% jump in pre-tax losses to nearly £3.2m (€3.9m) for 2013, leading management to say the company is in "an uncertain place".

The famous Teeling spirits dynasty is bringing whiskey-making back to Dublin after a near 40-year absence with a new €10m distillery.

John Teeling’s Irish Whiskey Company will spend €35m over the next four years transforming the Great Northern Brewery in Dundalk, Co Louth.

The High Court has rejected a bid to wind up a mining company headed by entrepreneur John Teeling over claims that it is insolvent.

A shareholder in a mining exploration company headed by entrepreneur John Teeling has asked the High Court to wind up the firm, alleging it is insolvent and unable to pay its debts.

Providence Resources plans to commence drilling next year at its Rathlin Basin assets, off the Co Antrim coast, with the company saying its prospects there could contain up to 530 million barrels of oil.

The mood music around Irish offshore exploration is as positive as it has been since the early 1980s writes Kyran Fitzgerald, but John Teeling, of Petrel Resources, says it is ‘too early to be counting eggs’

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Petrel Resources has said that it has over $4m (€3.1m) in cash reserves, making it well-financed to progress with its current activities in Iraq, Ghana and offshore Ireland.

Connemara Mining — the AIM-listed mineral exploration firm chaired by businessman John Teeling — has revealed that it recently received an expression of interest in its minority stakeholding in the highly-rated Stonepark zinc and lead discovery in Co Limerick.

American spirits giant Beam Inc has hired five Irish graduates to promote its Irish whiskey brands in the US market.

Mining and exploration entrepreneur John Teeling is aiming to revitalise interest in his oil and gas exploration vehicle, Petrel Resources, after seeing the company significantly enhance its cash position last year.

The Irish-based oil and gas exploration company Clontarf Energy slashed its losses last year, but is set to further re-evaluate its asset portfolio.

Mineral exploration firm Connemara Mining has reported a pre-tax loss of €397,121 for 2011; up by nearly €100,000 on the previous year, but has delivered an upbeat medium- term outlook.

Irish mining company, Conroy Gold and Natural Resources is set to raise up to £3.15 million (€3.94m) in additional funding, via a new share placing.

Shares in Irish exploration company Petroneft fell nearly 40% yesterday on the back of the firm reporting a significantly lower than expected production rate.

Beam Inc., a global spirits company, has bought Cooley Distillery, the award-winning Irish whiskey producer.

CLONTARF Energy — the John Teeling-chaired exploration company with assets in Ghana, Peru and Bolivia — has re-evaluated its asset portfolio and is set to dispose of its operations in the US (Gulf of Mexico) and Iran in due course.

CONNEMARA Mining — the Irish AIM-listed zinc explorer — is set to announce a joint venture partnership, with an as yet unnamed company, to further develop its Lough Sheelin asset block, in the coming week.

Entrepreneur John Teeling has increased his holding in Botswana Diamonds - the Southern and Central Africa focused diamond and precious metal exploration company.

LIMERICK-BASED exploration company Circle Oil’s Moroccan and Egyptian assets could hold up to 83% and 65% more oil reserves than initially anticipated.

IRISH mining company African Diamonds has been bought out by its Canadian counterpart, Lucara, for around €58.5 million.

PERSIAN GOLD — one of the Dublin-based exploration companies chaired by businessman John Teeling, has reported an 11% year-on-year drop in first- half losses as it prepares to overhaul its operational framework.

CONNEMARA Mining, the Irish zinc and lead exploration company, has reported a significant lowering in its full-year losses and is set to raise funds through an additional share placing to progress work at its main asset in Limerick.

PERSIAN Gold – the John Teeling-chaired/AIM-listed gold and precious metals exploration company – has reported a marginal widening in full-year pre-tax losses to £316,000 (€384,000) for 2009.

TWO of the Irish mining and exploration companies chaired by businessman John Teeling are to merge under the new name, Clontarf Energy.

Connemara Mining, the Irish AIM-listed zinc exploration company, has announced its best drilling results to date at its Stonepark discovery in Co Limerick.

AFRICAN Diamonds – the Irish-headquartered precious stone mining company – is set to generate annual revenues of around $80 million (€60m) from upping its stake in the high potential AK6 diamond mine in Botswana.

AFRICAN Diamonds – the Dublin-headquartered mining company – has reported pre-tax losses of £205,000 (€230,000) for the first half of its current financial year.

Dublin: John Teeling is to resign from his position as chairman of exploration company West African Diamonds (WAD) on Monday, following the conclusion of its reverse takeover by African company Stellar Diamonds – shareholder approval of which is expected the same day.