Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

He did not say "no commercial oil finds". He said "no oil finds". Now it is "commercial". However, we have discovered that a tanker of oil was pumped out of the Connemara field. Although it was plugged, one of Statoil's then directors, Mr. Stein Bredal, has since stated publicly that doing so was a mistake, as technology has caught up to the point at which the pressure problem can be addressed. I presume this is the reason other oil companies still have an interest in the area. They know there is not potential oil down there, but real oil. They are waiting for an opportune moment to extract it, just as property developers sat on land banks for ages-----

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