Complimentary Colours: thick dabs of oil paint rendered as hyperrealistic drawings (layers of dry pigment on coloured pencil) by Australian artist cj Hendry.
A handy infographic by Tinderpoint with tips on how to spot the telltale signs of diesel laundering by Jones Oil.
(Thanks Scott De Buitléir)
Tony O’Reilly, CEO of Providence Resources in 2009
Where’s our black gold?
With Providence drilling only one appraisal well so far, potential farm-out partners may want more evidence.
“There is a discovery there, the question is what is commercially recoverable,” said David Round, an analyst at BMO Capital Markets in London. “They may still find a partner, though the terms might not be as lucrative as they originally envisaged.”
Providence’s difficulties in finding a partner may have been amplified by past exploration failures in offshore Ireland. Some 158 wells have been drilled over past 45 years in Irish waters. Only four commercial gas fields have been found.
(Sasko Lazarov/Photocall Ireland)