Latest Fastnet Company Investor Presentation (PDF - 5.2MB)

Fastnet farm-out agreement with SK Innovation• SK Innovation is an affiliate of SK Group the third largest conglomerate inSouth Korea• SK to acquire a 12.5% Gross interest (9.375% Net) in Foum Assaka licence• Up to two well carry comprised of a carry in the first exploration well on theEagle-1 Prospect and first appraisal well (capped at US$100 million perwell) or at SK Innovations’ discretion a carry in a second exploration well(capped at US$100 million]• Reimbursement of past costs of USD$3.2 million and a further payment of25% of Fastnet’s back costs relating to the period from 1 October to 1January 2014• Fastnet to retain a 12.5% interest (9.375%) and is left in a strong positionfinancially heading into an exciting drilling schedule in 2014www.fastnetoilandgas.com 12