Fastnet Appoints Will Holland as CFO

Fastnet Oil and Gas plc the E&P company focussed on exploration acreage in Africa and the Celtic Sea, announced appointment of Will Holland to the Board of Directors as Chief Financial Officer, with immediate effect.

Will has over 20 years of experience in the oil and gas business, primarily gained in Africa and Europe. He started his career as a cementing and 'frac' engineer at Halliburton Energy Services before moving into business development roles based in Africa. After 2 years leading internal audit teams at Halliburton, he joined Macquarie Bank in London in 2007 where he originated, structured and managed equity and debt investments in small-cap E&P companies. Will holds a B.Eng (Mech) from Warwick University and an MBA from Heriot-Watt University.

Cathal Friel, Chairman of Fastnet commented:"I am delighted to announce the appointment of Will as CFO of Fastnet. His financial experience, combined with an in-depth knowledge of the industry and technical understanding will prove invaluable to the Company as it continues to develop and grow in the years ahead."

Fastnet