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Fastnet Oil & Gas plc is an independent oil and gas exploration company focused on early stage exploration and appraisal opportunities in Africa and Ireland. Following its IPO in June 2012, the Company has moved quickly to assemble an exciting portfolio of exploration prospects offshore and onshore Morocco and in the Celtic Sea,...
Fastnet Oil & Gas plc is an independent oil and gas exploration company focused on early stage exploration and appraisal opportunities in Africa and Ireland. Following its IPO in June 2012, the Company has moved quickly to assemble an exciting portfolio of exploration prospects offshore and onshore Morocco and in the Celtic Sea, offshore Ireland. The Company's shares are traded on the AIM market of the London Stock Exchange and ESM market of the Irish Stock Exchange. Fastnet has a highly experienced management team with a proven track record of generating significant shareholder value in the oil and gas industry.
Fastnet has its origins in Terra Energy, which was incorporated in February 2008. Terra completed a reverse takeover of Sterling Green Group plc in June 2012 and the enlarged group was renamed Fastnet Oil and Gas plc.
Fastnet approaches an active drill programme in 2013
December 13 2012, 7:52am
Paul Griffiths MD at Fastnet Oil & Gas (LON:FAST ESM:FOI) tells Proactiveinvestors that the company goes into its proposed 3-well drill programme with a "strong balance sheet". The company will be the first to drill the Agadir basin. Paul says that while the focus remains Morocco, the Irish assets are hardly represented in the share price. Paul also emphasises the pedigree of the team behind Fastnet.
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