Overview >      Activity

In 2009, Falcon applied for and was granted a 7.5 million acre Technical Cooperation Permit in the southwest Karoo Basin. The area is positioned in the heart of the basin is strategically placed in the most geographically accessible area. In August 2010, Falcon applied for an Exploration Licence in which it proposed a three year exploration program consisting of seismic acquisition only.

In late 2010, Falcon engaged in a public consultation to discuss Falcon's future work program with landowners in the application area and other affected parties. The process was held in English and Afrikaans and consisted of notification documents, a series of consultation meetings and newspaper advertisements.

Falcon’s Exploration Licence is pending approval while South African Department of Minerals and Resources conducts an environmental study on the effects of hydraulic stimulation and develops a system to regulate onshore exploration activities. The results are scheduled for release in early 2012.

Location map of Falcon's TCP and Exploration Lisence application area.