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

W1siziisijiwmtcvmdevmjavmtavntyvmtkvnzgzl0nsts5qcgcixsxbinailcj0ahvtyiisijm4mhgxmdajil1d

Salesforce moves into Seattle with new engine...

2017-01-20 10:00:00 +0000

Salesforce, a world leader in customer relationship management (CRM) solutions, has revealed that it is to open an innovation and engineering hub in Seattle. In order to increase the firm’s presence in the city, Salesforce Co-Founder Parker Harris said that the office located in Bellevue’s Nine Two Nine Office Tower will focus on its artificial intelligence (AI) initiatives. One reason for the move is so that the firm can access a new pool of talent. Ta...

W1siziisijiwmtcvmdevmtgvmdkvmtqvmzmvmzk5l0vsuc5qcgcixsxbinailcj0ahvtyiisijm4mhgxmdajil1d

Sage bolsters X3 business ERP solution

2017-01-18 09:00:00 +0000

Sage, one of the global leaders in enterprise resource planning (ERP) solutions, has revealed that it has signed up a trio of new clients to its X3 business solution. With the Salesforce.com partner wanting to be able to show its ability to host larger clients, the firm revealed that BrightBridge, Atlas Cloud and CLOUT are all now utilising the new and emerging X3 ERP platform. Sage Vice President of UK Enterprise David Watts talked about the latest agr...