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Fastnet gains option on Moroccan licence

London-listed Fastnet Oil & Gas has reached a deal with Oil & Gas Investment Funds (OGIF) which gives it the option to farm in to a licence covering eight exploration blocks onshore Morocco.

Moroccan farm in: Fastnet has signed an option agreement which could see it take a 50% stake in the Tendrara Lakbir licence
Moroccan farm in: Fastnet has signed an option agreement which could see it take a 50% stake in the Tendrara Lakbir licence
  • Josh Lewis and Bill Lehane
Published 29 May 2013, 06:59Updated 29 May 2013, 08:05
Middle East