Renergen and Anheuser-Busch InBev SA/NV, through their respective subsidiaries Tetra4 Proprietary Limited (“Tetra4”) and The South African Breweries Proprietary Limited (“SAB”), are pleased to announce the conclusion of an off-take agreement for the provision of natural gas by Tetra4 to SAB to use in displacing diesel use in
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Shareholders are referred to the Reserve Review Results released on SENS on 5 October 2016 (“Reserve Review”) which was prepared by Venmyn Deloitte, and are hereby advised of the results of the latest independent reserve review compiled by MHA Petroleum Consultants LLC from the United States of America in respect of the Virginia Project held by the Company’s subsidiary Tetra4 Proprietary Limited (“Tetra4”), dated 1 March 2018 (“MHA Update”).
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Renergen Limited, an integrated alternative and renewable energy business listed on the JSE, announced that it has received a positive environmental authorisation or record of decision (“RoD”) on Tetra4’s Environmental Impact Assessment (“EIA”) by the Petroleum Agency of South Africa (“PASA”) on 29 September 2017, a process which has taken over two years and involved multiple rounds of public participation.
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