Mining Weekly: Bundu poised to begin consultations on revised Karoo shale-gas programme
Shale-gas aspirant Bundu Gas and Oil Exploration, which applied for a shale gas exploration right in South Africa’s Karoo basin in 2010, has revised its environmental management programme (EMP) and has appointed an independent environmental consultancy to begin consultations with interested and affected parties.
Bundu, which is a subsidiary of ASX-listed Challenger Energy, was one of three companies to apply for exploration rights ahead of the institution of a moratorium on shale-gas exploration and development activities – the other companies are Shell, which made applications over three areas, and Falcon Oil and Gas.
In October, the Petroleum Agency South Africa (Pasa) notified the applicants that it would proceed with the processing of applications received prior to February 1, 2011, while maintaining the moratorium on new applications.
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