Fastnet Oil & Gas Live Discussion

OLADAPO OGUN 26 Jun 2015

Re: RNS - Director activity , big activi... what could his next step be?

MacPithy 26 Jun 2015

Re: RNS - Director activity , big activi... See below from Lon Stk Exch16:14:38 26-Jun-2015 4.00 17,308,080 692,323.20 Cancelled16:13:23 26-Jun-2015 2.67 25,000 667.98 Ordinary trade15:52:45 26-Jun-2015 4.00 17,303,080 692,123.20 Cancelled15:330 26-Jun-2015 2.68 377,240 10,110.03 Ordinary trade15:30:35 26-Jun-2015 2.65 25,000 662.50 Ordinary trade15:27:16 26-Jun-2015 2.56 100,000 2,556.50 Ordinary trade15:26:41 26-Jun-2015 2.60 240,791 6,260.57 Ordinary trade15:26:24 26-Jun-2015 2.69 73,950 1,991.03 Ordinary trade15:256 26-Jun-2015 2.70 50,000 1,350.00 Ordinary trade15:23:37 26-Jun-2015 2.60 38,117 991.04 Ordinary tradeWas it a trade or was it not looks a bit iffy and no RNS!!!!

ookyfly 26 Jun 2015

Re: RNS - Director activity , big activity t... Why did Cathal Friel pay such a huge premium over the current sp? Was it because of the size of his buy: 17+million?

OLADAPO OGUN 26 Jun 2015

Re: RNS - Director activity , big activi... You're not wrong, it's worth quite a lot , both on the conventional and non conventional hydrocarbon front. Let's hope we get say 10-15% of the farm in. 10% of that 63tcf of unconventional gas in a high gas price province is a good deal. However if that were the case why would PG of predator be selling?

onedb1 26 Jun 2015

Re: RNS - Director activity , big activity t... same as Tendrara which I suspect will see us use some cash to go it along with Sound as some suggested ,after all the data collected on it will be helpful to Sound as well as sharing some risk . Why waste FAST's data ? Hence why I reckon a deal will come , Wouldn't surprise me , as Tendrara should be worth a lot . Could be wrong

onedb1 26 Jun 2015

RNS - Director activity , big activity too Some skin in the game here [link] Celtic Sea asset must be juicy , they know all too well .

highlander1970 22 Jun 2015

Celtic Sea Activity Ocean Guardian is to be drilling a well for Kinsale Energy in AugustTHis rig is in the region for Shell Corrib at the minute and has only just been appointed at short notice for the Midleton well.I wonder what it will be up to after that?....GLAH

OLADAPO OGUN 19 Jun 2015

Re: Bird in the Hand? Fast approaching Sound for a 10 or 20% stake could be affordable and advantageous to both parties as an approach like that would spread therisks.

White stick Investments 19 Jun 2015

Re: Bird in the Hand? Interesting find McP,Sound 10 X the cap' of FAST, maybe they can carry the risk easier?Time for a show of flair here! P

MacPithy 19 Jun 2015

Bird in the Hand? Gas explorer Sound Oil & Gas has bought into the Trendrara onshore gas licence left hanging by Fastnet, with the first well to cost £6 mill. Would PG be interested in assisting Sound to cash in quickly?Opportunities for progressing Celtic sea prospects look too risky with high costs, oil price softness and lack of keen farm-ins, looks like little or no developments for some time into the future.Gas in Morocco to supply Europe and counter Russian threats and increasing risks in Iraq to Turkey gas supplies could be a better use of Fasnet's cash in the short term if there is any good will left?

alphabravo321 03 Jun 2015

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

White stick Investments 03 Jun 2015

Re: PG! Mornin all, I see this 5% as good news from some one in the know - albeit only £23k this spend.£10m in the bank. No regular income with cash burn means very beneficial deals need to be struck in the near future (cash/shares).Pan Maghreb changed its name to Predator we wonder is the hunter being hunted? Anyway welcome back P.G.Regards to all. P

shedfull 03 Jun 2015

Re: PG! Maybe he wants his company back!

OLADAPO OGUN 02 Jun 2015

PG! Why is PG and boys buying back in? Something seen so early in Mazagan?

J0HNNIEIS 01 Jun 2015

Re: Cash in bank Agreed. I would have thought the Bod is spoilt for choice for investment. Personally I think a little diversification into diamonds with a strategic stake in STEL could see our money well spent.