Deutsche Oel & Gas S.A.: Change within the Board of Directors

Deutsche Oel & Gas S.A.: Change within the Board of Directors


Luxembourg, 3 April 2018: Marco Quacken has resigned as a Class B member of the Board of Directors of Deutsche Oel & Gas S.A. for personal reasons with effect from 1 April 2018. The Board of Directors would like to thank Mr Quacken for his valuable work on the Board and is delighted that he will continue to work with the company as a consultant.

On 31 March 2018, the Board of Directors took the decision to appoint Mr Rainer Klee as member of the Board of Directors to replace Mr Quacken. Mr Klee has been Chief Risk Officer at Deutsche Oel & Gas S.A. since 1 November 2017. Mr Klee will initially remain a member of the Board of Directors until this year's General Meeting. At the meeting, a vote will be taken on his appointment as a full member.

About Deutsche Oel & Gas S.A.:
Deutsche Oel & Gas S.A., based in Luxembourg (www.deutsche-oel-gas.com) and is the holding company of the Deutsche Oel & Gas Group, which specialises in the exploration for and the production of natural gas and crude oil in the Cook Inlet Basin in Alaska. The Deutsche Oel & Gas Group holds the majority of the oil and gas leases in the Kitchen Lights Unit, which covers an area of 337 km2 in the Cook Inlet Basin.

Contact:
Thomas Knipp
Member of the Board of Directors
Deutsche Oel & Gas S.A.
Email: press@deutsche-oel-gas.com
Tel.: +352 2786 2290