Deutsche Rohstoff AG
Deutsche Rohstoff AG: Rhein Petroleum participates in new oil drilling activity in Bavaria
Deutsche Rohstoff AG / Key word(s): Miscellaneous Deutsche Rohstoff: Rhein Petroleum participates in new oil drilling activity in Bavaria Heidelberg. Wintershall GmbH, oil and gas subsidiary of BASF, started drilling an oil well in Lauben in the Lower Allgäu region of Bavaria, Germany, today. Another well will be drilled in the neighboring Bedernau, near the city of Mindelheim, by the end of August/beginning of September. Wintershall and Rhein Petroleum work together as a consortium (each 50%) in the license area Mindelheim. Wintershall is acting as operator. Both wells are located in the area of former oil fields, where significant remaining reserves are still suspected. The drilling targets were defined after the interpretation of a modern 3D-seismic survey, which was conducted under the direction of Rhein Petroleum in the license area Mindelheim in 2012. Heidelberg, 13 August 2014 Deutsche Rohstoff (Heidelberg, Germany), listed in the Entry Standard segment of Frankfurt Stock Exchange, is establishing a new primary producer. The company’s focus is placed on oil & gas and so called high tech metals such as tin, tungsten, and rare earth metals. All projects are located in political stable countries with high environmental standards. The business concept is based on redeveloping deposits, which have been well explored in the past. For more information please visit www.rohstoff.de. Contact: Deutsche Rohstoff AG 13.08.2014 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
Language: | English | |
Company: | Deutsche Rohstoff AG | |
Friedrich-Ebert-Anlage 24 | ||
69117 Heidelberg | ||
Germany | ||
Phone: | 06221-87100-11 | |
Fax: | 06221-87100-22 | |
E-mail: | gutschlag@rohstoff.de | |
Internet: | www.rohstoff.de | |
ISIN: | DE000A0XYG76, DE000A1R07G4, | |
WKN: | A0XYG7, A1R07G | |
Indices: | Entry Standard (Performance TOP 30) | |
Listed: | Freiverkehr in Berlin, Düsseldorf, Stuttgart; Frankfurt in Open Market (Entry Standard) | |
End of News | DGAP News-Service |
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