Connecting to LinkedIn...

W1siziisijiwmtuvmdqvmtuvmdgvntqvmzgvnzi1l01ptlrbu0hfqkxpr19vtljftkrfukvex0lnqudfx3jlc2l6zwrfyw5kx3jlbmrlcmvklmpwzyjdlfsiccisinrodw1iiiwimtkymhgxmjuwiyjdxq

Blog

Falcon Oil & Gas steps closer to obtaining S Africa shale drilling licence

4/11/2014 by Sharon Shahzad

W1siziisijiwmtqvmtevmdqvmtqvntgvntcvodmylzy0mf9zagfszwryawxsaw5nlmpwzyjdlfsiccisinrodw1iiiwinjawedqwmfx1mdazzsjdxq

The Petroleum Agency of South Africa (Pasa) has notified TSX-V- and Aim-listed energy explorer Falcon Oil & Gas of its decision to proceed with the processing of the company's application for a shale gas exploration licence in South Africa's Karoo basin.

Falcon said in a statement on Monday the country’s Department of Mineral Resources (DMR) had last week informed members of South Africa's Parliament that the government was soon expected to issue companies with licences to explore for shale gas.

DMR director-general Dr Thibedi Ramontja said it was expected that technical regulations, pertaining to hydraulic fracturing, would be gazetted by the country's government at the end of January 2015, after a final round of public consultation.

Pasa had requested Falcon to review and update its already drafted environmental management programme where necessary. According to the South African Mineral and Petroleum Resources Development Act 2002, Falcon would be required to notify and consult with communities and parties regarding any revisions to the environmental management programme.

Falcon explained that it was given a deadline to complete this process by February 27, 2015.

The company was granted a technical cooperation permit (TCP) in 2009, covering 30 327 km2 in the southern part of the Karoo basin. The TCP gave Falcon an exclusive right to an exploration licence to find commercial hydrocarbon deposits over all, or part of, this area.

This article has been extracted from http://www.miningweekly.com, please click on this link to read the article in full http://www.miningweekly.com/topic/south-africa

Montash is a multi-award winning, global technology recruitment business. Specialising in permanent and contract positions across mid-senior appointments across a wide range of industry sectors and IT functions, including:

ERP, BI & Data, Information Security, IT Architecture & Strategy, Energy & Technologies, Demand IT and Business Engagement, Digital and E-commerce, Leadership Talent, Infrastructure and Service Delivery, Project and Programme Delivery.

Montash is headquartered in Old Street, London, in the heart of the technology hub. Montash has completed assignments in over 30 countries and has appointed technical professionals from board level to senior and mid management in permanent and contract roles.

comments powered by Disqus

Social Stream

Latest News

W1siziisijiwmtyvmtivmduvmtqvmdavmjivmzm1l0jpzybeyxrhlmpwzyjdlfsiccisinrodw1iiiwimzgwedewmcmixv0

Big data analytics – governed data discovery ...

2016-12-05 13:00:00 +0000

Big data analytics has matured as a business process during 2016 with most enterprises now recognising the critical importance of actively mining big data for insights. These insights will inform decision-making and ensure they remain competitive in an increasingly complex landscape that is constantly in flux. One prediction that will certainly come to fruition in the coming years is “more data”. The world’s storage systems are set to hold more than 17....

W1siziisijiwmtyvmtivmdivmtavmdcvntcvotkwl2j1c2luzxnzigludgvsbglnzw5jzs5qcgcixsxbinailcj0ahvtyiisijm4mhgxmdajil1d

Annual growth rate for BI market set at 8.4%

2016-12-02 10:00:00 +0000

A new report has suggested that the compound average growth rate (CAGR) for the business intelligence (BI) market between 2016 and 2021 is likely to be around 8.4 per cent. The latest publication, named Global Business Intelligence Market by Mobile BI, Cloud BI, and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015-2021, said that 2015 saw the global BI sector valued at $16.33 billion. By 2021, this is expected t...