DGAP-News: Deutsche Rohstoff AG: Rhein Petroleum announces sucessful exploratory oil drilling
(firmenpresse) - DGAP-News: Deutsche Rohstoff AG / Key word(s): Miscellaneous
Deutsche Rohstoff AG: Rhein Petroleum announces sucessful exploratory
oil drilling
07.11.2013 / 10:00
---------------------------------------------------------------------
Deutsche Rohstoff: Rhein Petroleum announces successful exploratory oil
drilling
Successful redevelopment of former oil field Stockstadt in Hesse
Heidelberg. Rhein Petroleum GmbH, Heidelberg, announced today, that
drilling of their first oil well in Riedstadt-Crumstadtd was successful,
which means it reached oil-bearing layers. Riedstadt-Crumstadt is located
about 50 kilometers south of Frankfurt am Main. The exploratory drilling
ended -as planned- in the so-called 'Pechelbronner layers'. This drilling
target was defined as promising as a result of the extensive seismic
studies of Rhein Petroleum. It is located within the former oil field
'Stockstadt', where oil was being produced until 1994. Not yet detected
structures were identified in the surroundings of this former oil field,
which shall also be drilled. For this purpose, the next oil well called
'Allmend 1' will be drilled from the same drilling pad starting within the
next few days. Test production for both wells is scheduled for January
2014. The complete press release can be found at www.rheinpetroleum.de.
Deutsche Rohstoff, who co-founded Rhein Petroleum in late 2007 to redevelop
old oil fields in Southern Germany, still holds 10% of the company. The
remaining shares are held by Tulip Oil (www.tulipoil.com), The Hague,
Netherlands. Deutsche Rohstoff sold the majority of Rhein Petroleum to
Tulip in January 2011. Due to an agreement signed in September 2012,
Deutsche Rohstoff pays for just 2.5% of all investments of Rhein Petroleum
despite its 10% share.
Heidelberg, 7 November 2013
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
Dr. Thomas Gutschlag
Tel. +49 6221 871 000
info(at)rohstoff.de
End of Corporate News
---------------------------------------------------------------------
07.11.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's 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: 06221-87100-22E-mail: gutschlag(at)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
---------------------------------------------------------------------
238486 07.11.2013
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: EquityStory
" alt="Nanostruck Announces Delivery of Nanoclear Field Test Trial Units
Datum: 07.11.2013 - 10:00 Uhr
Sprache: Deutsch
News-ID 313750
Anzahl Zeichen: 7609
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 301 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: Deutsche Rohstoff AG: Rhein Petroleum announces sucessful exploratory oil drilling"
steht unter der journalistisch-redaktionellen Verantwortung von
Deutsche Rohstoff AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
