• Natural Gas News

    Irish Times: Falcon Turns its Gaze Towards South Africa

    old

Summary

Irish firm Falcon Oil & Gas are planning to enter negotiations with South Africa in a bid to win a shale licence in the energy-troubled country

by: Erica Mills

Posted in:

Press Notes, Africa

Irish Times: Falcon Turns its Gaze Towards South Africa

Falcon Oil & Gas, a Dublin-based exploration company chaired by industry veteran John Craven, expects to enter negotiations with the South African government on terms for a licence to explore for shale gas in the autumn.

Falcon chief executive Philip O’Quigley said he hoped to start talks with government officials for a three- or five-year exploration licence in the Karoo Basin in September or October.

“I expect that negotiations will last about three months,” he said.

Read the full article HERE.