South Africa Oil & Gas Report Q4 2013 - New Market Research Report
Upstream exploration has been experiencing a boom in recent months, thanks mostly to the government lifting in September 2012 a temporary ban on hydraulic fracturing (a technology used for oil and gas production from deposits located in shale formations) which had been in place since April 2011. However, upstream effervescence does not solely rely on the country's shale potential, there has also been growing conventional exploration in offshore acreage and in coal bed methane formations, suggesting that South Africa's oil...
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