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Latest Fastnet Company Investor Presentation (PDF - 5.2MB)

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Scoping Impact of Drilling Success to <strong>Fastnet</strong>’s Shareholders***Foum Assaka Licence AreaP50 P10Scoping Recoverable Oil MM BRL (gross)* 986 1,223Scoping Recoverable Oil MM BRL (18.75% net) 184 229.1Unrisked NPV @ US$13/BRL (MM US$)** 2,392 2,977Unrisked pence per share (fully diluted) 516p 595pRisked @ 11% COS 263.1 327.5Risked pence per share (fully diluted) 57p 71p* Source – SLR Consulting Foum Assaka CPR : May 2012** Source – Jefferies Morocco E&P Research Note April 2013*** At current equity levelsUpdated CPR on Foum Assaka Licence Area expected in December 2013Tendrara TE-5 Appraisal WellP50 P10Scoping Recoverable Gas BCF (gross)* 310.5 892.0Scoping Recoverable Gas BCF (37.5% net) 116.4 334.5Unrisked NPV @ US$2.29 MM/BCF (MM US$)* 279 803Unrisked pence per share (fully diluted) 58p 165pRisked @ 25%, 15% COS* 67.5 135Risked pence per share (fully diluted) 14p 25p* Source – SLR Consulting CPR release November 2013www.fastnetoilandgas.com 30

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