Fastnet Oil & Gas Forum

The man behind this latest move has a proven track record of making money. I don't care if its in Oil, Pharma or Pixie Dust...He gets results...

From Sea7non ADVFN....raglans presentation for horizon medical tech ipo Q3/4 2015. Extract.. Raglan Capital, as promoters, would like to present an exciting pre-IPO medical technology company, which we plan to IPO on the London stock exchange in Q3/Q4 2015. [link] Could we be looking at this?

Here here highlander...

If thats the case Highlander it begs the question why did CF spend so much money buying at 4p?

I have a feeling there is life here yet...

Interesting that there was no mention of the Celtic Sea Farmout process/discussions in the recent all fangling corpo update..

In the context of "a rising tide lifts all boats",It will be interesting to see how the potential development at PVR/LOGP/SEQUA financing will affect FAST. I don't see FAST having the purchasing power to outbid a farminee to BR...

Providence-Fastnet-landsdowne merger I believe these three companies Will merge. Carol Law CEO and TOR Commercial Director. Fastnet Will get 1:9 shares i.e circa 37m shares and Landsdowne Will get 1:5 i.e circa 32m shares to give circa 210m shares in New Providence. This Company could following Petronas middleton drill choose to drill deep Kinsale, Barryroe and Amergin. Positive results following midddleton drill could help finance these drills. If all went Well

Believe that Barryroe Farmout will go ahead and that the possible sale or merger of Landsdowne is part of the process.

The likely buyers of Landsdowne Oil and Gas are

1: Fastnet (This would be a merger)
2: Cairn Energy (Also a Scottish outfit).
3: Sequa (As part of Barryroe Deal)
4: Petronas

Believe Fastnet under Carol Law can see the synergies between them and LOGP. After a merger the two would have a very commanding position in Celtic Sea. A merger followed by a farm out on Barryroe would give the company some cash to thereafter drill deep Kinsale and possibly Amergin. If middleton gas field is successful with PETRONAS you might see Petronas or and American Major expressing interest in the combined LOGP / Fastnet Operation. This would be enhanced if a drill at Amergin or Deep Kinsale comes up a success.

Cairn Energy also a very likely suitor. Cairn could buy LOGP for lets say 80 Euros by issuing approx. 30m shares. Thereafter could give some up front cash payment to Providence for a Farm in to more of Barryroe. This cash could then be used by Providence to drill Spanish Point with Cairn. Providence could pass additional % holding of SP to Cairn before drilling there. Cairn need to add to its reserves. An easy way and a very high chance of success for them would be to take the path mentioned. Watch this space.

Finally Sequa and Petronas must be in the picture as well

maybe the Farminee for Providence/Landosdowne´s Barryroe is buying shares in Fastnet. A deal on Barryroe will rise all boats