Renergen is a South Africa focused and listed company (JSE:REN) with an additional listing in Australia (ASX:RLT). REN is on the cusp of commercial production from its main asset, the Virginia Gas Project, which has >400bcf of 2P methane and 14bcf of 2P helium reserves (>2 years of entire global helium demand). Phase 2 development will see total gas production ramp to >40mmcf/d maintained flat over the life of the licence and generating ~US$300mm (million) in EBITDA on our estimates. It is the o ....
01 Feb 2022
Meteoric helium and methane production growth
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Meteoric helium and methane production growth
Renergen Limited (RGNNF:OTC) | 0 0 0.0%
- Published:
01 Feb 2022 -
Author:
Anish Kapadia | Jay Ashfield | Andy Crispin -
Pages:
60
Renergen is a South Africa focused and listed company (JSE:REN) with an additional listing in Australia (ASX:RLT). REN is on the cusp of commercial production from its main asset, the Virginia Gas Project, which has >400bcf of 2P methane and 14bcf of 2P helium reserves (>2 years of entire global helium demand). Phase 2 development will see total gas production ramp to >40mmcf/d maintained flat over the life of the licence and generating ~US$300mm (million) in EBITDA on our estimates. It is the o ....