Renergen Limited announced a significant increase in methane and helium Reserves at its Virginia Gas Project. Following the recent successful drilling campaign and as part of the Company's ongoing assessment and development of Virginia, Renergen commissioned international Reserves and Resources accreditation agency Sproule to estimate the reserves and resources of methane and helium within the Company's Virginia Production Right area as at September 1, 2021 ("Updated Reserves Report"). The Production Right area covers 187,000 hectares in the Free State in South Africa around the towns of Welkom, Virginia and Theunissen. Renergen holds a valid licence over the area until September 2042 ("Production Right") and also holds 100% of the economic interest in the Production Right. Following completion of the estimated upgrade, Sproule has upgraded the methane and helium Reserves at Virginia. Impressively, 1P helium reserves have increased by 620% to 7.2Bcf and 1P methane reserves have increased by 427% to 215.1Bcf. The results are very significant to the Company, its shareholders and importantly, highlights the exciting potential of Virginia to be a globally significant supplier of helium.