FAST.L Share News (FAST)

Fastnet says drilling of Moroccan well to start in March

African and Irish explorer Fastnet Oil & Gas announced the expected start of drilling on a well off the coast of Morocco, lifting its shares in early trading. Fastnet said its partner in the Foum Assaka license area, offshore Morocco, Kosmos Energy (NYSE: KOS), has confirmed that its management ex

Fastnet Oil & Gas Gets Government Approval To Enter Foum Assaka Extension

LONDON (Alliance News) - Fastnet Oil & Gas PLC Wednesday said it has been granted government approval to enter the first extension period of the Foum Assaka petroleum agreement, offshore Morocco. The exploration and production company, with activities in Africa and the Celtic Sea, said the

Fastnet Gets Two Licence Extensions, In Talks Over Mizzen And Deep Kinsale Development

LONDON (Alliance News) - Fastnet Oil & Gas PLC Thursday said that Irish authorities have extended two of its licences for a further 18 months so that a work programme can be carried out. The exploration and development oil and gas company, with operations offshore Ireland and Morocco, said

Fastnet Oil & Gas Partner Enters Rig Sharing Agreement For Foum Assaka

Fastnet Oil & Gas Raises GBP10 Million In Placing

Fastnet Oil & Gas places 71.43m shares

Fastnet Oil & Gas, an exploration and production group focused on Morocco and the Celtic Sea, has placed just under 71.43m shares with new and existing investors at 14p each. The placing raised £10m before expenses, which will be used to fund Fastnet's participation in the exploration well being d

Fastnet Oil & Gas Says Partner Initiates Well Planning Offshore Morocco Block

Fastnet Oil & Gas Selects Preferred Bidder For Offshore Morocco Farm-Out

Fastnet Oil & Gas Says Assessment Of Morocco Prospect Completed

Fastnet Oil & Gas Shares Jump On Deal With BP

Fastnet upbeat about prospects as it delivers maiden results

AIM-listed Fastnet Oil & Gas delivered its debut set of annual results as a public company on Monday and gave a bright outlook as it hailed the potential for success across its portfolio. The exploration company listed in London in June 2012 and was established after the reverse takeover by Terra E

Fastnet takes option on Moroccan prospect

Oil and gas explorer and producer Fastnet has acquired further exploration acreage in north-eastern Morocco. Executing a $300,000 option agreement, AIM-quoted Fastnet has secured farm-in rights on eight exploration blocks covering an area of 14,548 square kilometres in the Atlas mountains' Tendrara

Fastnet Oil & Gas increases resource estimate at Shanagarry

Fastnet Oil & Gas shares rose Wednesday as the company announced an increase in independent resource estimates at its Shanagarry licence in the North Celtic Sea. The company said the licence had a resource of about 1.298bn barrels of oil in-place and 1.342tn cubic feet of gas in-place following an

Fastnet to undertake largest ever 3D seismic programme in Celtic Sea

AIM-listed Fastnet Oil & Gas has signed a contract for the acquisition of 1,710 km sq of 3D seismic, the largest even programme of its type in the Celtic Sea. Following the contract award, which has a value of up to $18m, the company has initiaed the farm-out process over the assets, and said the f

Fastnet secures option to farm into Deep Kinsale Prospect

AIM-listed Fastnet Oil & Gas has agreed an exclusive option with PSE Kinsale Energy to farm into the Deep Kinsale Prospect beneath the oil producing Kinsale Head gas field. In an update issued on Thursday, Fastnet reported that a minimum of 500 square kilometres of three dimensional seismic was to