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Friday February 21, 2003 16:23
by Ash
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Jump To Comment: 6 5 4 3 2 1Very interested to see the dirty word "John Teeling" mentioned here. Teeling is what used to be known by US economists as an "Undertaker." He was involved in the butout and literal shutdown of Irish hosiery company Glen Abbey back in the 1980s, and virtually every company he touches seems to end up going to wall, amid nice profits to owners and shareholders and grief to workers.
I wouldn't give much for any oil company backed up by Teeling. Besides its very difficult to assess the value of oilfields in Iraq as long as the current regime exists, whatever the merits or demerits of it. All we know is what they export.
Somehow, I'd also guess that the quality of the oilfield and the standards by international standards may be questionable. A veteran oil engineer recently told me that standards in the US in one oil giant are so high that they literally bring devices like childrens bathing pools to put under their vehicles, so that not a single drop of petroleum or other products can contaminate the area.
The CEO of Pan Andean is or was a finance lecturerat UCD and will be giving a seminar in UCC at 6pm on March 11-see related link: http://www.ucc.ie/info/eolas/2002/3_11/notices3.jsp
Dublin registered company listed in British exchange. Could not find address but a quick call to directory enquires would probably sort it.
Love google
http://www.oil-barrel.com/archives/news_archive/2002/june-2002/petrel210602.htm
I too would be interested to know who these companies are.
In the meantime can any provide a list of of companies that have shops in the US military bases recently setup/upgraded in Kuwait etc?
I feel a day of organised picketing and leaflet handing out coming up.
Any definite names would be appreciated.