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Latest Fastnet Company Investor Presentation (PDF - 5.2MB)

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Tendrara Lakbir Exploration History – TE-5 Structure• TE-5 Structure is defined by 3D seismic –488 sq. km. survey (2004)• 4,110 km. of 2D seismic acquired from1974 to 1986 – 4 x 6 km grid• 950 km. of 2D seismic reprocessed in 2002• TE-5 Structure flowed 1.4 mm cfgpd onextended well test• No pressure depletion observed on testing• SBK-1 drilled in 2000 flowed initially at 5mm cfgpd from TAGI Triassic reservoirs• Declined to 2.5 mm cfgpd – potentialpermeability barrier caused by fault closeto well bore (based on 2D seismicinterpretation)www.fastnetoilandgas.com 16

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