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 the company Would be worth a fortune. Spanish Point Would also be on cards. Given recent cut back in exploration we Will likely See a spike in oil Price in next few years as shale gets cut and all additional supply gets curtailed. Dont think Deal on Iran Will work and middle east looks increasingly instable. Alot of big Oilers Will look to buy companies with proven reserves as they find they are short on barrels of oil
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