UPDATE: Fastnet Oil & Gas lands Moroccan gas appraisal project
--Adds broker comment and share price details-- Fastnet Oil & Gas (LON:FAST) today revealed that it has landed more assets in Morocco. Through a farm-in deal it is acquiring eight onshore...
View ArticleFastnet Oil & Gas’s Moroccan asset draws interest from multi-nationals and NOCs
Fastnet Oil & Gas (LON:FAST) told investors that its proposed farm out of a stake in the Foum Assaka exploration licence, in Morocco, has received expressions of interest from several...
View ArticleUPDATE: Fastnet’s Moroccan asset draws attention from majors and NOCs
--Adds background and broker comment-- Fastnet Oil & Gas (LON:FAST) has received expressions of interest from several multi-national oil majors and national oil companies in its proposed farm-out...
View ArticleUPDATE - Fastnet Oil & Gas expects to conclude Celtic Sea deal by fourth quarter
---ADDS SHARE PRICE AND BROKER COMMENT--- Fastnet Oil & Gas (LON:FAST) said discussions aimed at bringing in a partner to help develop its assets in Ireland’s Celtic Sea are likely to conclude in...
View ArticleFastnet delight as BP piles into Morocco
Oil explorer Fastnet (LON:FAST) has hailed BP’s (LON:BP.) farm-in into offshore Morocco as an “an unequivocal validation by the oil industry” of the region. BP has done a deal with Kosmos for three...
View ArticleMorocco gripped by exploration fever after BP moves in
BP’s (LON:BP.) move into the deep water exploration plays that lie offshore Morocco has put the spotlight on a region already red-hot with exploration fever. Work will begin in a matter of weeks on...
View ArticleFastnet: Onshore resource estimate highlight fresh catalysts in Morocco
A project update for Fastnet Oil & Gas (LON:FAST) today puts a fresh value-adding catalyst in focus for investors. Ahead of an onshore appraisal drilling programme in Morocco next year, Fastnet has...
View ArticleFastnet: Onshore resource estimate highlight fresh catalysts in Morocco
A project update for Fastnet Oil & Gas (LON:FAST) today puts a fresh value-adding catalyst in focus for investors. Ahead of an onshore appraisal drilling programme in Morocco next year, Fastnet has...
View ArticleFastnet partner: First Moroccan well targeting 360 million barrels
Fastnet Oil & Gas’s (LON:FAST) partner Kosmos Energy has revealed that the initial well in the 2014 Foum Assaka drilling campaign off Morocco is targeting 360 million barrels of oil equivalent of...
View ArticleFastnet Oil & Gas raises £10mln ahead of Moroccan farm-out and drilling
Fastnet Oil & Gas (LON:FAST) has raised £10mln via a share placing to pay for drilling offshore Morocco until a deal is finalised with a potential farm-in partner. A total of 71.4mln new shares are...
View ArticleFastnet Oil & Gas chairman Friel highlights “excellent progress” in 2013
Fastnet Oil & Gas (LON:FAST) executive chairman Cathal Friel describes 2013 as a year of “excellent progress”. Recent months have been particularly fruitful for the AIM quoted group as its assets...
View ArticleUPDATE - Fastnet Oil & Gas set for offshore Morocco drilling
--ADDS BROKER COMMENT-- Fastnet Oil & Gas (LON:FAST) has confirmed that the drilling of the FA-1, or Eagle, exploration well offshore Morocco will begin in the first half of 2014, following the...
View ArticleFastnet Oil starts to circulate 3D seismic from Celtic Sea
Fastnet Oil (LON:FAST) has started to distribute results of a recent 3D survey on its Celtic Sea assets to potential farm-in partners. The company has also received extensions for its two main...
View ArticleFastnet Oil & Gas shares could be worth 96p this year, RFC Ambrian
Fastnet Oil & Gas (LON:FAST) shares could be worth as much as 96p by the end of this year, broker RFC Ambrian predicts. RFC Ambrian, in a sector note on African oil stocks, said the ‘fair value’ of...
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