Last 2.13 GBp
Change Today 0.00 / 0.00%
Volume 245.0K
FAST On Other Exchanges
As of 6:00 AM 01/30/15 All times are local (Market data is delayed by at least 15 minutes).

fastnet oil & gas plc (FAST) Snapshot

2.13 GBp
Previous Close
2.13 GBp
Day High
2.13 GBp
Day Low
2.13 GBp
52 Week High
01/30/14 - 13.38 GBp
52 Week Low
01/8/15 - 2.05 GBp
Market Cap
Average Volume 10 Days
-0.0087 GBp
Shares Outstanding
Dividend Yield
Current Stock Chart for FASTNET OIL & GAS PLC (FAST)

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fastnet oil & gas plc (FAST) Details

Fastnet Oil & Gas plc, an independent oil and gas exploration company, is engaged in the identification, exploration, and appraisal of oil and gas assets in Morocco and Ireland. It holds a portfolio of licenses in the Celtic Sea, as well as offshore and onshore options in Morocco. The company is based in Stockport, the United Kingdom.

8 Employees
Last Reported Date: 08/21/14

fastnet oil & gas plc (FAST) Top Compensated Officers

Chief Executive and Executive Director
Total Annual Compensation: $120.0K
Compensation as of Fiscal Year 2014.

fastnet oil & gas plc (FAST) Key Developments

Fastnet Oil & Gas Plc Announces Termination of Will Holland as Chief Financial Officer and the Board

Fastnet Oil & Gas Plc announced that Will Holland's employment as Chief Financial Officer of the company has been terminated and he leaves the board with immediate effect.

Fastnet Oil & Gas Plc Reports Unaudited Consolidated Earnings Results for the Six Months Ended September 30, 2014

Fastnet Oil & Gas Plc reported unaudited consolidated earnings results for the six months ended September 30, 2014. For the six months, the company reported operating loss of $1,725,000 against $1,146,000 a year ago. Loss on ordinary activities before taxation was $1,628,000 against $856,000 a year ago. Loss and total comprehensive loss for the period attributable to the equity holders of the parent was $1,628,000 or 0.47 pence against $856,000 or 1.31 pence a year ago. Net cash flow used in operating activities was $2,113,000 against $1,027,000 a year ago. Payments for property, plant and equipment was $1,000 against $7,000 a year ago. Expenditure on exploration and evaluation assets was $16,994,000 against $19,937,000 a year ago.

Fastnet Oil & Gas PLC Announces Executive Changes

Fastnet Oil & Gas PLC announced that Carol Law has been appointed Chief Executive. Carol has been an Executive Director of Fastnet since 30 October 2012. As Chief Executive, Carol will lead the implementation of the company's strategy of monetising its existing assets and prudently managing its significant cash reserves in order to restore and create shareholder value. In addition, the company announced that Cathal Friel assumes the role of Non-Executive Chairman, the original role he had at the time prior to the company's acquisition of Pathfinder Hydrocarbon Ventures Ltd. in July 2012. The company also announced that Paul Griffiths, Managing Director, has resigned from the Board and leaves the company with immediate effect to pursue other business opportunities.


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