Mthomazi
Xiphu,
chief
executive
of
Petroleum
Agency
of
South
Africa
(Pasa),
the
nation’s
regulatory
body,
said
this
unconventional
resource
“may
have
the
potential
to
change
the
energy
profile
of
the
country”.
Studies
are
being
carried
out
in
the
Great
Karoo
basin
in
central
South
Africa
by
a
number
of
companies,
big
and
small,
under
technical
co-operation
permits.
Anglo-Dutch
supermajor
Shell
is
close
to
completing
work
under
its
TCP,
said
Xiphu,
while
Denver-based
Falcon
Oil
&
Gas
has
seen
enough
in
its
initial
desktop
studies
to
apply
for
exploration
rights
over
30,350
square
kilometres.
If…