Latest Fastnet Company Investor Presentation (PDF - 5.2MB)

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Onshore Basins in Saharan AfricaTendrara Lakbir Geological setting: Under-explored potential for large Hydrocarbon findsMoroccoWell density; 33 timesless than global averageTendrara – Missour BasinLicence AreaErrachidiaHasiMessaoud&Grand Erg/AhnetAlgeria14.3 billion boeproved reservesTrias/GhadamesIliziHamranSirteLibya47.3 billionboe provedreservesEgypt4.6 billionboe provedreservesTaoudeniPlaeozoicSub-Salt Super SystemNubianUpliftMesozoic/CenozoicSuper SystemErdisKufraIulleminedenChadWest Nubian ShieldWest Zaire Precambiran BeltSudDepth to Basement Map taken from Purdy’s Atlas; The Exploration Fabric of Africa. Approximate outlines of major North African basinswww.fastnetoilandgas.com 14
MOROCCO – Gas to Power Plans• National natural gas productionremains insignificant (60million m 3 (1.76 BCF) in 2009)Capacity 12.5 Billions M3/year (441.37 BCF/year)14% of transport capacity entitled to Morocco(currently unutilised)• 89% of gas requirement isimported• Strong domestic gas market(one of Africa’s largestconsumers)• Demand for energy hasincreased by 54% in last tenyears• Gas to Power is keyGovernment strategic target asis security of supply• Minimal risk of stranded gasLNG Terminal Initial Capacity5 Billions M3 ( 176.55 BCF)> 5 years before operational(at very early planning stage)Oil RefineriesMoroccan Energy and Electricity Demand Growth 2006 – 2030 (MEMW&E)www.fastnetoilandgas.com 15
Page 1: www.fastnetoilandgas.comFastnet Oil
Page 7 and 8: Company OverviewMoroccan AssetsIris
Page 9 and 10: Morocco: Fastnet’s early entry ti
Page 11 and 12: BP’s entry into Foum Assaka, Offs
Page 13: Tendrara Lakbir Licence DetailsScal
Page 17 and 18: TE-5 Lakbir Prospect - P50 Case Are
Page 19 and 20: Forward Program and Exit Strategy
Page 21 and 22: Ireland: Celtic Sea OffshoreHighly
Page 23 and 24: Ireland: Deep KinsaleKinsale Gas Fi
Page 25 and 26: Mizzen Inversion Events(New 3D Seis
Page 27 and 28: Fastnet Oil & Gas: Forward Work Pro
Page 29 and 30: Structure & Indicative TimetablePla
Page 31 and 32: Summary - Near-term High Impact Dri
Page 33 and 34: Company InformationAs at 16 th Dece
Page 35 and 36: Ireland: Largest Ever 3D Seismic Su

Latest Fastnet Company Investor Presentation (PDF - 5.2MB)

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