herald

Saturday 18 August 2018

No bid here for Tullow

IRISH exploration group Tullow Oil has not applied to look for oil in Irish waters, its chief executive has confirmed.

Aidan Heavey said that the company, which is the largest on the Irish stock exchange, is only interested in looking for oil in areas with certain types of rocks and geology. Ireland does not have the sort of oil fields that Tullow understands, he added.

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