Fastnet Equity (FAST)

 

Fastnet Oil & Gas

Fastnet Oil & Gas plc is an independent oil and gas exploration company that focuses on identifying early stage exploration and appraisal opportunities in Offshore Ireland and Africa. It is quoted on the AIM market of the London Stock Exchange and the Enterprise Securities Market ("ESM") of the Irish Stock Exchange. Fastnet's aim is to assemble a portfolio of high impact conventional oil and gas assets that will deliver sustainable growth and value for the Company. Its immediate focus is on implementing its Offshore Ireland and Africa strategies where it has been awarded four offshore licensing options in the Celtic Sea (Molly Malone Basin, Shanagarry, 49/13 and Mizzen Basin) and acquired a material interest in the highly prospective Foum Assaka permit Offshore Morocco. In addition, Fastnet will continue to pursue new conventional oil and gas opportunities in Africa where the Directors and Advisory Board also have extensive knowledge, contacts and experience of creating value.

Fastnet's Moroccan Assets

Fastnet entered Morocco in May 2011 with the Foum Assaka offshore licence and more recently the onshore Tendrara licence in May 2013. Since then there has been significant activity in this historically underexplored region with Morocco now considered a key exploration frontier. Read more

Company Information

Company Address

Number 14 The Embankment
Vale Road
Heaton Mersey
Stockport
SK4 3GN

Ticker SymbolFAST (LSE:FAST)
Country of IncorporationEngland and Wales
Company Number5316808
MarketAIM SETSqx
SectorExploration & Production
Company Websitewww.fastnetoilandgas.com

Fastnet's Irish Assets

Fastnet's Irish licences are held by Fastnet Oil and Gas (Ireland) Ltd, formerly Terra Energy Ltd, a 100% owned subsidiary of Fastnet Oil and Gas plc. Since IPO in June 2012, the Company has built a material position in the Celtic Sea and is one of the largest acreage holders offshore Ireland. Read more

Major Shareholders

Currently not able to find shareholder information for LSE:FAST

Latest NewsMore

ESM - Cancellation Notice

RNS Number: 9885U Irish Stock Exchange 19 April 2016 REPORT OF THE BOARD OF THE IRISH STOCK EXCHANGE Irish Stock Exchange 28 Anglesea Street Dublin 2 19 th April 2016 ESM - CANCELLATION OF TRADING Trading of the undermentioned security has been cancelled with effect from 6.30am, 19 th April 2016 on the Enterprise Securities Marke...

ESM Schedule 1 Update

RNS Number: 5350V Fastnet Equity PLC 18 April 2016 Pre-Admission Announcement ESM Schedule 1 Announcement to be made by the ESM Applicant prior to admission in accordance with rule 2 of the ESM Rules for Companies All Applicants must complete the following Company name FASTNET EQUITY PLC TO BE RENAMED AMRYT PHARMA PLC C...

Schedule One update - Fastnet Equity plc

RNS Number: 5357V AIM 18 April 2016 ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH RULE 2 OF THE AIM RULES FOR COMPANIES ("AIM RULES") COMPANY NAME: FASTNET EQUITY PLC TO BE RENAMED AMRYT PHARMA PLC COMPANY REGISTERED OFFICE ADDR...

Fastnet passes GM resolutions

Fastnet Equity has announced that all resolutions proposed at the General Meeting of the Company held earlier today were...

Result of General Meeting and Change of Name

RNS Number: 5212V Fastnet Equity PLC 18 April 2016 Fastnet Equity plc ("Fastnet" or the "Company") Result of General Meeting and Change of Name 18 April 2016, London - Further to the announcement on 31 March 2016 in relation to the Proposals, the Directors are pleased to announce that all resolutions proposed at the General Meeting of the Company held earl...

Fastnet takeover

Fastnet Equity has agreed a reverse takeover of Amryt Pharmaceuticals, an orphan drug company, and is planning to rais...

FTSE shies from highs as profiteers hit resources

London stocks simmered lower as resources were hit by profiteers after last year's run-up to three-month highs. Against th...

ESM Schedule 1

RNS Number: 6210T Fastnet Equity PLC 31 March 2016 Pre-Admission Announcement ESM Schedule 1 Announcement to be made by the ESM Applicant prior to admission in accordance with rule 2 of the ESM Rules for Companies All Applicants must complete the following Company name FASTNET EQUITY PLC TO BE RENAMED AMRYT PHARMA PLC ...

Latest Company Research

edison investment research
Fastnet Oil & Gas Plc
29/01/2015
Edison Investment Research is terminating coverage on Fastnet O&G (FAST). Please note you should no longer rely on any previous research or estimates for this company. All forecasts should now be...
edison investment research
Fastnet Oil & Gas Plc
29/01/2015
Edison Investment Research is terminating coverage on Fastnet O&G (FAST). Please note you should no longer rely on any previous research or estimates for this company. All forecasts should now be...
edison investment research
Fastnet Oil & Gas Plc
29/01/2015
Edison Investment Research is terminating coverage on Fastnet O&G (FAST). Please note you should no longer rely on any previous research or estimates for this company. All forecasts should now be...

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Company Advisors

NOMAD

Shore Capital & Corporate Limited
Bond Street House
14 Clifford Street
London
W1S 4JU 

Joint Broker 

Shore Capital Stockbrokers Limited
Bond Street House
14 Clifford Street
London
W1S 4JU

Mirabaud Securities LLP
33 Grosvenor Place
London
SW1X 7HY

ESM Advisor & Joint Broker

Davy Stockbrokers
Davy House
49 Dawson Street
Dublin 2
Ireland

Solicitors to the Company 

Kuit Steinart Levy LLP
3 St Mary's Parsonage
Manchester
M3 2RD 

Mason Hayes & Curran
South Bank House
Barrow Street
Dublin 4
Ireland

 Auditors

BDO LLP
4th Floor, 3 Hardman Street
Spinningfields
Manchester
M3 3HF 

 Registrars

Capita Registrars Ltd 
The Registry
34 Beckenham Road
Beckenham
Kent BR3 4TU

Company Secretary

Alan Mooney