Latest Fastnet Company Investor Presentation (PDF - 5.2MB)
Latest Fastnet Company Investor Presentation (PDF - 5.2MB)
Latest Fastnet Company Investor Presentation (PDF - 5.2MB)
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Summary – Near-term High Impact Drilling Programme with “Running-Room”• High Impact H1 2014 Drilling Programme in <strong>Fastnet</strong>’s acreage onshore and offshore Morocco• Multi-well drilling programme in 2013/2014 by other operators around <strong>Fastnet</strong>’s Moroccanassets• Potential drilling success may crystallise <strong>Fastnet</strong>’s exit strategy• Farm down of <strong>Fastnet</strong>’s exposure to the Foum Assaka deep-water drilling programme isprudent to maintain a balanced risk-reward exposure to protect and enhance current cashresources• Equity levels in Tendrara Lakbir onshore drilling option expected to be maintained at currentlevels based on much lower onshore drilling costs; lower risk of exploiting discovered gas;and potential for earlier monetisationwww.fastnetoilandgas.com 31
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