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Bullboard - Stock Discussion Forum Africa Energy Corp V.AFE

Alternate Symbol(s):  HPMCF

Africa Energy Corp. is a Canada-based oil and gas exploration company focused on South Africa. The Company owns approximately 49% of the common shares and 100% of the Class B shares in Main Street 1549 Proprietary Limited (Main Street 1549), which holds a 10% participating interest in the Exploration Rights for Block 11B/12B offshore the Republic of South Africa (Block 11B/12B). Block 11B/12B... see more

TSXV:AFE - Post Discussion

Africa Energy Corp > Steady progress in south africa
View:
Post by Harel1976 on May 22, 2024 8:22am

Steady progress in south africa

"South Africa’s ruling African National Congress and the Democratic Alliance party — which may end up forming a coalition government after this month’s elections — are both keen to see offshore exploration in the country, particularly off the west coast.

In October 2023, South Africa’s Department of Mineral Resources & Energy (DMRE) granted an environmental authorisation for the TotalEnergies to drill an exploration well — the first of up to 10 wells — in DWOB.

However, third parties had a right to lodge a formal appeal against the DMRE’s decision, with the Department of Forestry, Fisheries & Environment (DFFE) receiving its eight compliant appeals by the mid-November deadline.

On 6 May, SLR Consulting — which is handling the DWOB environmental approval process on behalf of TotalEnergies — said that DFFE approved the drilling plan, "
Comment by hikari on May 22, 2024 11:46pm
https://www.upstreamonline.com/exploration/totalenergies-plan-for-wildcat-in-south-africa-s-orange-basin-given-a-boost/2-1-1647607
Comment by papaloapan on Jun 02, 2024 7:15am
Good source of news, but what is the point of posting links to sites behind paywalls ?
Comment by Harel1976 on Jun 04, 2024 8:58am
https://www.upstreamonline.com/energy-transition/shell-and-e-p-players-boosted-by-south-africa-court-ruling/2-1-1654430