BHP Billiton to Drill Gas in South Africa

Energy Investing

BHP Billiton (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 […]

BHP Billiton (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.”

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