Latest Fastnet Company Investor Presentation (PDF - 5.2MB)

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Capital Expenditure – through to Q4 2014(US$’000) 1 (£’000)Placing proceeds 16,000 10,000Cash balance (Q3 2013) 10,602 6,626TOTAL 26,602 16,626Corporate costs (2,281) (1,426)Offshore Ireland (1,356) (847)Foum Assaka (Offshore Morocco) 2 (468) (292)Tendrara (Onshore Morocco) (13,286) (8,304)Deal costs (1,040) (650)Total cash outflow (18,431) (11,519)Balance 3 8,171 5,107Notes:1. Exchange rate of £1:US$ 1.62. Forecast costs are based on farm-out terms which include a reimbursement of past costs and a carry for drillingactivities in 20143. Excludes any potential cash proceeds of Celtic Sea farm-out (total past costs including 3D seismic survey are c. $20m)www.fastnetoilandgas.com 28
Structure & Indicative TimetablePlacing of new shares to raise £10.0 millionIndicative timetable of events<strong>Investor</strong> roadshow from Wednesday 13 November 2013Indications Friday 22 November 2013Announcement and publication of shareholder circular Tuesday 26 November 2013General Meeting Friday 13 December 2013Admission and dealings Monday 16 December 2013www.fastnetoilandgas.com 29
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 and 14: Tendrara Lakbir Licence DetailsScal
Page 15 and 16: MOROCCO - Gas to Power Plans• Nat
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: Fastnet Oil & Gas: Forward Work Pro
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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