Sunday 26 February 2017

Petroceltic shares soar as Hickey fills development post

THE importance of a good appointment was underlined this week, when exploration company Petroceltic named ex-Tullow chief financial officer Tom Hickey as corporate development director.

The 42-year-old's stock is so high after his achievements in Tullow, that Petroceltic's shares jumped 23pc in the following two days on London's AIM -- adding more than £50m to the company's market cap. If only it was always so easy to boost a share price.

Irish Independent

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