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Fastnet raises £15m for Moroccan exploration

Chris Barry
Chris Barry
Editor, North West

FASTNET Oil and Gas, the AIM-listed oil and gas exploration company,has raised nearly £15m in a shares placing  to fund a drilling programme in Morocco.The company, which following the reverse takeover in May of Sterling Green by Irish firm Terra Energy , has its registered office in Stockport, raised £14,9m before expenses through an over-subscribed placing of 68 million new ordinary shares with new and existin... for the full story register now for free or login below...

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