Dublin mayor’s companies raised a lot of money but never struck gold
Court records show Nial Ring has been defendant in 16 sets of High Court proceedings since 2004
Dublin-headquartered Oil & Gas raises $1.4m in share placings
Company chief executive says firm has not as yet addressed the cost of drilling
Dublin businessman Nial Ring profits as shareholders suffer at small caps
Four companies are sitting on total accumulated losses of approximately €8 million, according to their filed accounts
Taking heart in Nevadan oil
US Oil & Gas prospect has 50% chance of yielding 283 million barrels of oil
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