18 Jun - 2 min read

Update on R2D2 Drilling: Gas Bearing Fracture Intersected

Update on R2D2 Drilling: Gas Bearing Fracture Intersected

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”)

UPDATE ON R2D2 DRILLING: GAS BEARING FRACTURE INTERSECTED

Natural gas and helium producer Renergen is pleased to update shareholders on the current
inclined drilling programme.

We are pleased to announce that the target gas-bearing fracture system has been intersected
close to prognosis in the R2D2 well between MDR5 and HDR1. Gas samples will be collected
and sent to the laboratory for analysis, with compositional results expected in the coming days.
The forward programme is to run electric logs to ascertain the orientation of the faults and allow
the team to plan on how to finish the well and maximise contact with the fracture.

“This is a great result and will go a long way in helping improve the accuracy with which we
identify gas-bearing structures in the reserve area while also showing the critically important
feature that we may potentially be able to reduce our well spacing,” said Stefano Marani.

Johannesburg
18 June 2021

Authorised by: Stefano Marani
Chief Executive Officer

Designated Advisor
PSG Capital

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 or images found in the PDF version posted on the Company’s website.

www.renergen.co.za

Date: 18-06-2021 08:30:00
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