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Deutsche Rohstoff AG
Regulatory Filings • Oct 27, 2021
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Corporate | 27 October 2021 08:53
Deutsche Rohstoff AG: First well in Wyoming starts with the production of oil and gas
DGAP-News: Deutsche Rohstoff AG / Key word(s): Miscellaneous
27.10.2021 / 08:53
The issuer is solely responsible for the content of this announcement.
Deutsche Rohstoff AG: First well in Wyoming starts with the production of oil and gas
Mannheim/Denver. Bright Rock Energy has begun producing oil and gas from its first well on its last year acquired acreage in the state of Wyoming. Production started slightly earlier than originally planned. The well was completed without any problems and on budget.
The results will provide important insights for the development of the very extensive acreage held by Bright Rock in the Powder River Basin. Concurrent with the drilling, the management has begun applying for permits for additional drilling in recent months. A major drilling program could commence by mid-2022.
Cub Creek will start production from the twelve Knight wells in Colorado by mid-November. The wells have now been completed. At the moment, final work such as connection to oil and gas pipelines as well as setting up the surface equipment is taking place. This extensive drilling program was also completed on time and on budget.
Mannheim, 27 October 2021
Deutsche Rohstoff identifies, develops and sells attractive raw material deposits in North America, Australia and Europe. The focus is on the development of oil and gas deposits in the USA. Metals such as gold and tungsten complete the portfolio. Further information can be found at www.rohstoff.de
Contact
Deutsche Rohstoff AG
Dr. Thomas Gutschlag, CEO
Phone +49 621 490 817 0
27.10.2021 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.
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| Language: | English |
| Company: | Deutsche Rohstoff AG |
| Q7, 24 | |
| 68161 Mannheim | |
| Germany | |
| Phone: | 0621 490 817 0 |
| Fax: | 0621 490 817 22 |
| E-mail: | [email protected] |
| Internet: | www.rohstoff.de |
| ISIN: | DE000A0XYG76, DE000A1R07G4, |
| WKN: | A0XYG7, A1R07G |
| Indices: | Scale 30 |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1243877 |
| End of News | DGAP News Service |