Its primary activities are the exploration and development of hydrocarbons offshore Ireland and the United Kingdom.
[4] Barryroe is situated approximately 50 km south of the Cork coast at a 100m water depth and an independent audit in April 2013 estimated that Barryroe holds in excess of 1.6 billion barrels of oil, of which 346 million barrels equivalent is recoverable.
[6] In 2015, Providence planned to drill an appraisal well at Spanish Point of the west Irish coast along with partners Cairn Energy (38%), Chrysaor (26%) and Sosina (4%).
[13] Providence is a partner (26.8% stake) in the Dunquin oil field in the Porcupine Basin, along with operator Eni, Repsol, and Sosina.
[14] ExxonMobil was previously a major partner and operator but exited the project after drilling an unsuccessful well at Dunquin North in 2013.