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Deutsche Rohstoff AG: Rhein Petroleum participates in new oil drilling activity in Bavaria

DGAP-News: Deutsche Rohstoff AG / Key word(s): Miscellaneous
Deutsche Rohstoff AG: Rhein Petroleum participates in new oil drilling
activity in Bavaria

13.08.2014 / 15:45

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Deutsche Rohstoff: Rhein Petroleum participates in new oil drilling
activity in Bavaria
Two wells in Lauben and Bedernau in the Lower Allgäu/Germany

Heidelberg. Wintershall GmbH, oil and gas subsidiary of BASF, started
drilling an oil well in Lauben in the Lower Allgäu region of Bavaria,
Germany, today. Another well will be drilled in the neighboring Bedernau,
near the city of Mindelheim, by the end of August/beginning of September.
Wintershall and Rhein Petroleum work together as a consortium (each 50%) in
the license area Mindelheim. Wintershall is acting as operator. Both wells
are located in the area of former oil fields, where significant remaining
reserves are still suspected. The drilling targets were defined after the
interpretation of a modern 3D-seismic survey, which was conducted under the
direction of Rhein Petroleum in the license area Mindelheim in 2012.
Detailed information on the wells can be found here:
http://www.heimische-foerderung.de/energie-aus-deutschland/wintershall-in-
bedernau-lauben/.

Heidelberg, 13 August 2014

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
Thomas Gutschlag
Tel. [phone]
[e-mail]



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Language: English
Company: Deutsche Rohstoff AG
Friedrich-Ebert-Anlage 24
69117 Heidelberg
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
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)


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