Renergen surges after ‘exceptional’ helium concentration reports
The find from recently drilled wells has exceeded expectations, the group says
Natural gas and helium group Renergen’s share rocketed to a record high on Monday, after it said that helium concentrations from recently drilled test wells have exceeded expectations.
Helium, a colourless, odourless, insipid and non-toxic gas, is used in different applications, including magnetic resonance imaging (MRI), semiconductors, fibre-optic cables, airbag manufacturing and leak detection. ..