EXPLORATION

Renergen hits "spectacular" gas show at Virginia exploration well

RENERGEN Ltd is celebrating today after encountering significant gas shows in its P007 well at its Virginia Gas Project in the Karoo Basin, South Africa - penetrating a 6-metre-thick gas bearing fractured sandstone layer.

Renergen hits "spectacular" gas show at Virginia exploration well

The current flow rate is higher than almost all other existing wells in the permit area, recording more than 200,000 cubic feet per day.  Renergen holds a 100% interest across 462,000 acres in the onshore...

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