Origin and Sasol to look for coal seam gas in Botswana  

Posted by Big Gav in , , ,

Upstream Online reports that Origin and Sasol are teaming up to look for coal seam gas in Botswana - Duo to explore Botswana CBM.

Australia’s Origin Energy and South Africa’s Sasol have partnered up to explore for coalbed methane (CBM) in the central province of Botswana.

The 50:50 joint venture, named Kubu Energy Resources, has already signed an agreement with local exploration company Sekaname to acquire three prospecting licences – PL143/2010, PL135/2010 and PL136/2010 – covering an area of about 3000 square kilometres. ...

“Establishment of the Kubu joint venture is consistent with Origin’s strategy to target Greenfield resources close to markets at low entry prices,” Origin chief executive Grant King said. “The delineation of a large [CBM] resource in Botswana could be used for power gene

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