08:13 AM EDT, 03/23/2026 (MT Newswires) -- ASP Isotopes ( ASPI ) said Monday its has completed drilling the required wells for the first phase of the Renergen Helium Project, part of the Virginia Gas Project in South Africa, around four months ahead of schedule.

Once the wells have been completed and connected to a processing plant and the gas network, the total flow is expected to meet or surpass the first phase's nameplate capacity, the company said.

Phase 1 of the Virginia Gas Project, planned to be completed in 2026, is expected to produce 2,500 gigajoules per day of liquefied natural gas and 58 thousand cubic feet per day of liquid helium. phase 2, anticipated to be completed 44 months after phase 1, is expected to produce 34,000 gigajoules per day of LNG and 895 thousand cubic feet per day of liquid helium, the company said.