Challenger Energy (ASX: CEL) says it continues to pursue its application for shale gas exploration rights in South Africa. In its December quarter report, the company reaffirmed there appears to be new-found political momentum in SA, with an important decision made to abandon the long-delayed MPRDA amendment bill and fast-track a new piece of legislation specific to the petroleum industry.
Investor Insight by Cannings Purple is an online news service dedicated to providing investors and media with the latest insights and market trends. Investor Insight consists of company news, industry movements and key information on the Australian Stock Exchange (ASX).
Subscribe today to stay in touch with the latest.