Providence shares slumped as much as 22 per cent within an hour  on Thursday as the market digested news that a partnership to develop  Barryroe. Photograph: iStock

Investors in oil and gas exploration stocks need a strong constitution at the best of times. But followers of Providence Resources have had to be a br(...)

The Barryroe well: Providence Resources has stated that Barryroe could yield 350 million barrels of oil, enough to supply all the Republic’s needs for almost a decade at current consumption. File photograph: Finbarr O’Rourke

Providence Resources said on Thursday it will proceed alone to bring its Barryroe oil and gas field, south of the Cork coastline, to production as a t(...)

An oil rig operating in Barryroe, 50km from Co Cork. Taoiseach Leo Varadkar has said the Government will ban oil exploration off the Republic’s Atlantic coast. File photograph: PA

Providence Resources will seek a new partner to develop its Barryroe oil fields following the latest failure of Chinese backer Apec to loan it $9 mill(...)

Barryroe Well. Photograph: Finbarr O’Rourke

Tony O’Reilly jnr, the boss of oil and gas explorer Providence Resources, has said his role as chief executive will be come up for discussion if funds(...)

An operation at Providence’s Barryroe well. Photograph: Finbarr O’Rourke

Oil and gas explorer Providence Resources, whose shares have fallen by 45 per cent in the past three months by funding delays for its main oil prospec(...)

An oil rig operating in Barryroe, 50km from Co Cork. File photograph: Finbarr O’Rourke/Providence Resources/PA Wire

Oil and gas explorer Providence Resources has secured permission from the Government to carry out an important site survey at its Barryroe oil project(...)

Providence Resources, led by Tony O’Reilly jnr, will need to raise funds if finance doesn’t materialise, says analyst. Photograph: Dara Mac Dónaill

Oil explorer Providence Resources, whose cash levels have slumped 80 per cent to $1.45 million (€1.3 million) so far this year, may need to sell share(...)

Providence Resources, led by chief executive Tony O’Reilly jnr, revealed  it had decided to make all its technical and support staff redundant.

Oil and gas explorer Providence Resources, whose shares have been rattled in the past two months by funding delays for its main project, saw its share(...)

An appraisal well at Barryroe, off the coast of Cork. Photograph: Finbarr O’Rourke

Irish exploration company Providence Resources has extended yet again the deadline for the receipt of $10 million (€8.9 million) in funding to cover e(...)

Tony O’Reilly jnr, chief executive of Providence Resources. The update to the Irish Stock Exchange means the saga drags on for another week. Photograph: Dara Mac Dónaill

Providence Resources has put back yet again the deadline for the receipt of funds from its Chinese investor. The exploration firm extended the deadli(...)

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