OPERATIONS

Renergen to drill second well at Virginia

HELIUM developer Renergen’s shares shot up by 8.5% this morning after announcing it had signed a contract with Bohrmeister Technick to commence drilling its first inclined well for delivery of natural gas to Phase 1 of the Virginia Gas Project in South Africa.

Renergen to drill second well at Virginia

  It is the second well to be drilled at the company's flagship project, with the first well yielding an astonishingly high helium concentration of 12% and flowed gas to surface at a rate of 850,000...

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