Eminently Predictable but Still Sickening July 25, 2012Posted by Garibaldy in Economy, Fianna Fáil, Workers' Party.
The BBC reports today news that
An Irish oil exploration company has announced that it has found between 1bn and 1.6bn barrels of oil in Ireland’s first commercially viable oil well.
Providence Resources has been carrying out tests at the Barryroe oil well 70km off the coast of County Cork, and the find is four times what was expected.
The CEO assured us that
The exchequer would get sizable income from the successful exploitation of offshore fields both in Nothern Ireland and the Republic
Um, maybe not, thanks to our friends in Fianna Fáil.
Who is the chief executive? One Tony O’Reilly Jr.