|
DGAP-News: Deutsche Rohstoff AG / Key word(s): Miscellaneous Deutsche Rohstoff AG: Rhein Petroleum commences Steig-1 well Mannheim. Rhein Petroleum GmbH, in which Deutsche Rohstoff AG holds a 10% stake, is expected to commence drilling Steig-1 near the Baden town of Weingarten, a few kilometres north of Karlsruhe, on 27 May. The wells objective is to provide information as to whether there are quantities of crude oil worth producing at a depth of around 900 metres. The Heidelberg-based company has planned a maximum of four weeks for the well, which is to be drilled in the so-called Pechelbronn formation. The crude oil deposit that Rhein Petroleum intends to develop via the well has been known since the 1950s. It is located in the immediate vicinity of the former Weingarten oil field, from which crude oil was produced until the 1960s. Further information to the drilling is under Mannheim, 22 May 2019 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 Contact Deutsche Rohstoff AG
22.05.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
| Language: | English |
| Company: | Deutsche Rohstoff AG |
| Q7, 24 | |
| 68161 Mannheim | |
| Germany | |
| Phone: | 0621 490 817 0 |
| Fax: | 0621 490 817 22 |
| E-mail: | |
| Internet: | |
| 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: | 814631 |
| Â | |
| End of News | DGAP News Service |
|
|
814631Â Â 22.05.2019Â
