Sharenet Sites 
Sharenet Sites
Exceptional Helium Concentrations of Over 3% and 4% in New Boreholes
RENERGEN LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2014/195093/06)
JSE Share code: REN
A2X Share code: REN
ISIN: ZAE000202610
LEI: 378900B1512179F35A69
Australian Business Number (ABN): 93 998 352 675
ASX Share code: RLT
(“Renergen” or “the Company”)
EXCEPTIONAL HELIUM CONCENTRATIONS OF OVER 3% AND 4% IN NEW BOREHOLES
Domestic natural gas and helium producer Renergen is pleased to announce it has now obtained
laboratory results on the helium concentrations from recently drilled wells P007 and MDR1 (see
ASX releases on 9 March and 11 March respectively).
MDR1 has returned a helium concentration of 3.15%, and wildcard well P007 a concentration of
4.38%.
The Company also wishes to advise investors that since the March 11 announcement the flow
rate at MDR1 has increased by almost 90% to approximately 164,000 standard cubic feet per
day, consistent with expectations as lost circulation drilling fluids introduced into the borehole
dissipate and dry out.
“MDR1 is just 300 meters away from MDR5 and 600 meters from HDR1, which are both blowers
with helium concentrations of ~2%, so getting a concentration of 3.15% was a very pleasant
surprise. It will be interesting to see when and if the helium concentration reduces and stabilises
in line with the nearby wells, but a key take-away from this excellent result is that despite the
wells being so close, there does not appear to be any immediate interference between the wells
which is a great result for our Reserve Update.
On P007, the team is ecstatic, and this exceeds anything we were hoping for. This is a big leap
forward in corroborating our geological modelling of the Virginia Gas Project, and the potential
additional supply of over 40kg of helium per day from a single well is quite an outstanding result,”
said Stefano Marani, CEO.
Johannesburg
29 March 2021
Authorised by: Stefano Marani
Chief Executive Officer
Designated Advisor
PSG Capital
For South African Investor inquiries, contact Renergen
info@renergen.co.za
+2710 045 6007
For Australian Investors & Media, contact Citadel-MAGNUS
Cameron Gilenko, 0466 984 953
To readers reviewing this announcement on the Stock Exchange News Service (SENS), this
announcement may contain graphics and/or images which can be found in the PDF version
posted on the Company’s website.
www.renergen.co.za
Date: 29-03-2021 08:30:00
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