Renergen jumps after wild-card gas strike
Domestic natural gas producer reports spectacular strike at Free State exploration well
09 March 2021 - 09:51
Natural gas and helium group Renergen’s share jumped as much as 10.7% on Tuesday morning after it reported a gas strike during exploration efforts in the Free State.
The well was drilled to inform the group about possible resources for phase two of its Virginia Gas Project in the Free State, SA’s only onshore petroleum development and which contains one of the richest helium concentrations recorded globally...
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