Bloomberg got onto NGY and Graeme Robertson in June:
NuEnergy of Australia Optimistic on African Shale-Gas Finds By Sara Jerving - Jun 20, 2013 3:25 PM
NuEnergy Gas, an Australian energy company, said it is optimistic of making significant shale-gas finds in East Africa, where it has begun exploration.
The company is searching for shale gas in Malawi, has applied for permits in Tanzania and is looking to explore in Zambia, Mozambique and other eastern African nations, Chairman Graeme Robertson said in a phone interview on June 18.
“If you look at maps of shale gas resources in the world, there is a big blank south of the Sahara,” Robertson said. “We are quite optimistic that we will be able to find some good shale-gas resources.”
NuEnergy conducted an aeromagnetic survey of a 346 square kilometers of land in southern Malawi in May to determine which sites are best to start exploratory drilling. The survey was the first of its kind in the Malawi, where NuEnergy already has one drill rig operating.
NuEnergy also applied for two exploration permits in Tanzania, where there may be “large potential shale resources,” Robertson said.
The country has 40 trillion cubic feet of natural-gas reserves, Energy Minister Sospeter Muhongo said in April.
The Tanzanian government has held off granting the permits because it is currently drafting a gas policy after recent large discoveries. The country plans to auction licenses for seven offshore blocks and one in Lake Tanganyika in October.
