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Renergen further drilling successes at the Virginia Gas Project

Renergen's first two wells in its latest campaign at the Virginia Gas Project campaign have flowed initial gas - the gas composition is yet to be determined. In addition, the previously reported R2D2 well had, following clean-up operations, increased its flow rate by 15%. Frodo, the first of two new wells was drilled to target depth within 10 days and struck gas early with a flow rate of 23 mcf/d. Balrog, the second well drilled, struck gas with a flow rate of 90 mcf/d, indicating potentially higher stabilised flow following clean-up.

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