Renergen Limited update shareholders on the current inclined drilling programme. The Company was due to commence the drilling of well R2D2, reaching the first (pre-fracture system) target at the base of the Karoo formation around the end of the first week of May. They are pleased to advise that the drilling has progressed as anticipated, and the well has been drilled to the base of the Karoo formation, interpreted to be proximal to the target gas-bearing fracture system. Logging operations are underway in preparation for casing the well and applying for the requisite approvals to continue drilling in the WITS formation. Given this casing, logging and approval process is expected to take several weeks to complete, and the Company has elected to relocate the drilling rig to a new site, C3PO, where it will also drill to base Karoo pending the approvals to drill to final depth at the well R2D2.