LOL,
Having spent 4 weeks in S Africa this May on holidays, I can tell you that in S Africa, exploiting their Shale gas potential is a really, really big deal.
S Africa is coming off a zero base for self sufficient energy needs, (apart from its brown coal fired power) yet S Africa is moving up in gears in all sectors of its economy.
There is massive infrastructure projects going on everywhere,
major new roads, massive housing estates, high rise buildings and a burgeoning middle class rising up the ranks.
The amount of Mercedes, BMW, Volkswagen, Range Rover, Porsche, and other very expensive sports car showrooms is a major eye opener. And these cars are everywhere.
50 mil plus population, and they all want.
And they all need to work.
And they all need the same thing to keep them going. Energy.
S Africa, Mozambique, Namibia, are all having a major surge of private investment into their economies ATM.
Simple as 1 2 3.
The more you build, the more you need to keep it going. And they cant keep on depending on external supplies. They simply cant afford to.
That's why if there is commercial gas in the Karoo, then it will be a very very big deal in S Africa.
We know the well in Bundu O&G lease (90% owned by Challenger) flowed gas without fraccing.
matter of joining the dotts........LOL
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