Gas Investing News » BHP Billiton to Drill Gas in South Africa

BHP Billiton to Drill Gas in South Africa

May 24, 2010 @ 7:56 pm In Gas Market News

BHP Billiton ^[1] (BHP.AX)(BLT.L), world's largest mining company, is planning to drill for gas in South Africa's West Coast. This project will pursue once they get their permits by August 2010.

David van der Spuy, a resource evaluation manager at Petroleum Agency SA is quoted saying:

"BHP Billiton holds the area on sub-lease under the previous legislation and have had to convert as have other explorers... The conversion is imminent."

Click here to access the entire news ^[2]

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URLs in this post:

[1] BHP Billiton: http://www.bhpbilliton.com/bb/home.jsp

[2] Click here to access the entire news: http://www.reuters.com/article/innovationNews/idUSTRE64N23C20100524