Munster skipper Peter O'Mahony insists that the losing bonus point earned in their 26-19 defeat to Clermont Auvergne could be crucial for their European Champions Cup quarter-final hopes.

A last-gasp penalty from Ian Keatley earned Munster a losing bonus point in their 26-19 defeat at Stade Marcel-Michelin as French giants Clermont Auvergne did the double over the Irish province.

Despite that bonus point though, the two-time former European champions face a fight to progress from a hugely competitive Pool 1, as they now trail leaders Clermont by four points and second-placed Saracens by three ahead of contests against Sarries and Sale Sharks next month.

O'Mahony is determined to be positive, however, saying: "We dug in and got a point and you cannot yet tell what is going to happen in terms of qualification. That point could prove crucial.

"Now we have got two huge games to look forward to in the new year against Saracens and Sale Sharks when we have to fight for our lives.

"We will always pride ourselves on our physicality and we have put ourselves in a position where we can still qualify.

"I am hugely proud of the lads digging in and pulling something out at a hugely difficult place to come and play.

"We ran into a very good side that is playing really well. Last week against them we were guilty of making too many simple errors, whereas this time we let ourselves down with some poor kick-chase in the first half.

"It was a difficult battle, they are a hugely physical side and very good technically at the breakdown" - Peter O'Mahony

"We did our homework on them once again and I think we played a little bit smarter this week. Our half backs were brilliant and we tried to play around them. I thought JJ Hanrahan had a super game.

"But it was a difficult battle, they are a hugely physical side and very good technically at the breakdown.

"We had two good wins at the start of the group campaign and now we can look forward to those two huge return games next month."

It was the first time in 16 seasons of back-to-back games in the middle of the Pool matches that Munster had not picked up a single win, and the victory for 2013 Heineken Cup finalists Clermont put them narrowly clear of Saracens at the top of the group.

Clermont's England full-back Nick Abendanon said: "We are in a commanding position and we have to capitalise on that.

"As a collective we have played pretty well and done exactly what we need to do. These two wins over Munster have put us in a very encouraging position and now the Pool is ours to lose.

"Of the two games we have got left Saracens is going to be the toughest, although Manchester is always a niggly place to go to face Sale Sharks, especially on a Friday night."