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Deutsche Rohstoff AG
Regulatory Filings • Nov 10, 2016
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Corporate | 10 November 2016 14:00
Deutsche Rohstoff AG: Cub Creek commences production of oil and gas
DGAP-News: Deutsche Rohstoff AG / Key word(s): Miscellaneous
2016-11-10 / 14:00
The issuer is solely responsible for the content of this announcement.
Deutsche Rohstoff AG: Cub Creek commences production
Mannheim . Cub Creek Energy (CCE) has started producing oil and gas from its Vail Pad today. Nine horizontal wells were drilled in June and July and completed in September 2016. Cub Creek’s working interest in these wells is close to 100%. The company will report the results of the first 30 days of production in mid-December 2016.
In the meantime, two more wells were drilled on the companies Markham Pad over the last two weeks. Altogether 12 wells will now be completed and will likely start flow back in late December.
Mannheim, 10 November 2016
Deutsche Rohstoff identifies, develops and divests attractive resource projects in North America, Australia and Europe. The focus is on the development of oil and gas opportunities within the United States. Metals, such as gold, copper, rare earth elements, tungsten and tin complete our portfolio. For more information please visit www.rohstoff.de.
Contact:
Deutsche Rohstoff AG
Thomas Gutschlag
Tel. +49 6221 871 000
2016-11-10 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.
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| Language: | English |
| Company: | Deutsche Rohstoff AG |
| N1, 1 (Stadthaus), 3. Etage | |
| 68161 Mannheim | |
| Germany | |
| Phone: | 06221-87100-11 |
| Fax: | 06221-87100-22 |
| E-mail: | [email protected] |
| Internet: | www.rohstoff.de |
| ISIN: | DE000A0XYG76, DE000A1R07G4, |
| WKN: | A0XYG7, A1R07G |
| Indices: | Entry Standard (Performance TOP 30) |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart, Tradegate Exchange; Open Market (Entry Standard) in Frankfurt |
| End of News | DGAP News Service |