One-Page Deal Sheet
Fastnet Farms-In to Eight Morocco Blocks
Fastnet Oil & Gas Plc Not Disclosed
Announced Date
June 05,2013
Close Date
June 05,2013
Transaction Type
Farm-In/Farm Out
Asset/Basin:
{"Tendrara Basin"}
TargetZones:
{"Triassic Tagi Form
Location
Region
Mediterranean/N. Africa
Country
Morocco
Transaction Details: Subscribe to see
Fastnet (AIM: FAST, ESM: FOI) the listed E&P company focused on near term exploration acreage in Morocco and the Celtic Sea, is pleased to provide an update on its operations including its revised work programme and its farm-out activities in relation to both the Celtic Sea and Moroccan assets.
Celtic Sea
As announced on 22 May, the Company has completed the acquisition of 500 sq. km. of 3D seismic data over Deep Kinsale significantly ahead of schedule and under budget. The overall seismic programme, which is the largest ever seismic programme conducted in the Celtic Sea, will be completed by…
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