Looking at an Oil play 18 August 2014
As mentioned in the News section, I have decided to take a look at FASTNET OIL & GAS in the column tomorrow.
Although it isn’t an area that I often visit, a little exposure to the sector can often be rewarding, providing of course that things pan out positively, along with the usual element of luck that is often needed.
Although Fastnet is a relative minnow, its management has previously demonstrated an ability to secure what are perhaps best described as very impressive farm out terms, which relate to its offshore Moroccan interests.
That could perhaps bode well for an ultimate sealing of partners regarding its closer to home Celtic Sea assets, along with other on shore Moroccan interests.
Anyone wishing to take a look at my thoughts on this one can catch them via the usual link later tomorrow morning.