DGAP-News: Deutsche Rohstoff AG: Tekton Energy commences production
(firmenpresse) - DGAP-News: Deutsche Rohstoff AG / Key word(s): Miscellaneous
Deutsche Rohstoff AG: Tekton Energy commences production
10.04.2012 / 08:45
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Deutsche Rohstoff AG: Tekton Energy commences production
First three wells connected
Denver/Heidelberg. Tekton Energy has commenced production of oil and gas in
its Windsor project, part of the Wattenberg field in Colorado. Three wells
drilled in early February from the Rancho pad were connected to the
existing infrastructure over the last few weeks. Three more wells, drilled
from the Pavistma pad in the second half of February, will follow in late
April. Tekton will report about the results of the first month of
production in early May.
By mid-year, ten holes shall be drilled from different drill sites and
brought to production. By then, an independent expert's reserve calculation
will be available. Drilling of the next three wells operated by Tekton is
planned for the end of April from a well pad near the previously drilled
wells. In addition to the currently executed vertical drilling campaign,
Tekton is preparing a horizontal drilling program.
Heidelberg, 10 April 2012
Deutsche Rohstoff AG (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 gold, oil&gas and so called
high tech metals such as tin, tungsten, and rare earth metals. All projects
are located in countries marked by political stability, the core area being
Germany. 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:
Thomas Gutschlag
+49 6221 871 000
gutschlag(at)rohstoff.de
End of Corporate News
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164233 10.04.2012
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Datum: 10.04.2012 - 08:45 Uhr
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