RENERGEN LIMITED - Drilling Progressing on Schedule

Drilling Progressing on Schedule

RENERGEN LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2014/195093/06)
JSE Share code: REN
ISIN: ZAE000202610
Australian Business Number (ABN): 93 998 352 675
ASX Share code: RLT
(“Renergen” or “the Company”)


DRILLING PROGRESSING ON SCHEDULE

Emerging domestic natural gas and helium producer, Renergen, is pleased to provide an update
on the drilling of the horizontal well in the sandstone.

The drilling is on schedule and making good progress. Bohrmeister Technik (the Team) has
partially completed the vertical section and has reached a total vertical depth of 145 meters. The
Team is currently focused on completing the surface section, which includes casing, logging,
cementation and pressure testing.

The next phase of drilling, planned for commencement this Saturday, will see the mobilisation of
the Horizontal Directional Drilling rig, which will see a string of 1.5km long being drilled into the
sandstone to intercept the gas bearing structures within the two primary target zones, the upper
Vryheid Formation Sandstones and Dwyka Group Diamictite.

Further updates will follow.

Johannesburg
16 October 2019

Designated Advisor
PSG Capital


For Australian Investors & Media, contact Citadel-MAGNUS
Cameron Gilenko, 0466 984 953
Tom Kohlen, 0419 95 526

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. Please visit www.renergen.co.za

Date: 16/10/2019 02:00:00
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