Agoracom: Small Cap Investment - Falcon Oil and Gas Ltd. - Re:Karoo

posted on Aug 22, 2012 09:26AM

Article By: SAPA

Wed, 22 Aug 2012 3:12 PM

An announcement on whether or not hydraulic fracturing for Karoo shale gas will be allowed could be made in a fortnight, after the next Cabinet meeting, government spokesman Jimmy Manyi said on Wednesday.

Briefing journalists in Pretoria following Cabinet's latest meeting, he said the matter of hydraulic fracturing was now before it "and receiving full attention".

Once this was completed, all interested parties, including the media, would be informed.

Pushed to put a date on this, he responded: "A more accurate picture will emerge at the next Cabinet briefing... [which] will provide a bit more detail."

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