he added.

Dunquin South is operated by Exxon, and Providence has a 16pc stake in the licence. Despite the apparent failure, analysts were still positive about the drilling results.

Davy Stockbrokers, who is a house broker to Providence, said the results would de-risk the Dunquin south project.

"Evidence of a possible residual oil column in good quality carbonate reservoir indicates that all the elements of working petroleum system are present in the basin. In particular, the presence of oil in the south Porcupine significantly de-risks the basin," said Davy's Job Langbroek.

"This bodes well for Providence's other prospects/targets in the region," he added.

Indo Businessin many developing countries.

No matter how many laws we have, people get to adulthood already poisoned by homophobia Sergio Viula

The practice is a particular problem in Latin America where the church is hugely influential. Brazilian Sergio Viula was targeted by evangelists when he was just 16. Although gay himself, he recalls how he was brainwashed into thinking that homosexuality was a sin. When he was 18 he became a pastor, married a woman and had two children.

He formed a movement with other members of the church that targeted gay people on the streets, outside nightclubs and at pride events. Those who agreed to convert were treated as if they were addicts and encouraged to purge themselves of anything associated with their old lives. That included throwing away magazines