Renergen is an integrated alternative and renewable energy business that invests in early stage alternative energy projects across Africa and emerging markets.
We listed on the JSE’s AltX in June 2015 as South Africa’s first listed alternative and renewable energy company. Our current investments include Tetra4, a natural gas and liquefied helium company in the Free State, South Africa and additional exploration right for natural gas in the Evander area.
TETRA4
Tetra4 is a natural gas and liquefied helium company situated in the Free State, South Africa.
KEY FEATURES:
-
First and only onshore petroleum production right in South Africa
-
Acquired by Molopo in November 2015
-
Production started May 2016
-
Proven reserves of methane-rich natural gas – clean substitute for transport fuel, thermal fuel and power
-
Production right issued by Department of Mineral Resources and valid for another 25 years
-
Holds a license from The National Energy Regulator of South Africa (NERSA) to store and trade in gas
-
R6.7 billion current valuation based on single production right and access to markets
-
Potential to generate returns across the beneficiation curve
-
High client density and limited competition
-
One of the richest sources of helium recorded globally
-
Holds an additional three onshore petroleum exploration rights in South Africa
20/10/2020 08:17:00
As per the ASX requirements, we hereby re-lodge our Appendix 5B in accordance with the new ASX template. None of the information contained herein has been altered or updated, since our initial lodge…
