- LNG and helium producer Renergen (RLT) has announced an update to its current drilling operations at its Virginia Gas Project
- Renergen has two drill rigs active on the South African based site working on two different wells
- Then the P2V2 well is being prepared for directional drilling, after a series of delays in previous months
- The other well, MDR1, has already subjected to directional drilling with encouraging gas shows sighted
- In addition, Renergen has announced a three-well drilling program is due to begin in the coming weeks with a new contractor
- Shares in Renergen are trading up 2.13 percent at $1.20 each
