Deutsche Rohstoff AG / Key word(s): Miscellaneous 10.08.2016 09:16 Disclosure of an inside information according to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Deutsche Rohstoff: Cub Creek Energy acquires 1,500 net acres additional ground in the Wattenberg area Permitting will commence immediately Heidelberg/Denver. Cub Creek Energy (CCE) signed an agreement with a privately held local oil & gas company in Colorado that will allow the company to develop a significant acreage position over the coming years. Subject to final evaluation of leasehold ownership Cub Creek is expecting to be able to develop an additional 1,500 net acres in the Western part of the Denver Julesberg Basin oil field in Colorado. Cub Creek has again managed to enter into a deal structure that does not include any upfront payment to the current owner of the leased acreage, instead a royalty will be paid to the owner upon production start of the oil & gas wells. Depending on the determination of drilling locations and the optimal outline of future wells based on geological and economic considerations the company is expecting to be able to drill up to an additional 50 two mile oil & gas wells. The company will immediately start undertaking regulatory and technical efforts to develop the new acreage. The asset is relatively concentrated and regional strategic when referencing the existing projects of Cub Creek and Elster Oil & Gas, the two US subsidiaries of Deutsche Rohstoff. Bob Gardner, CEO and President of Cub Creek Energy, commented: "We are pleased that we were able to secure more development acreage in Wattenberg. Our drilling inventory will significantly increase over the coming months. Another big step forward for our continuously developing company." Heidelberg, 10 August 2016 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 www.rohstoff.de. Contact: Deutsche Rohstoff AG Thomas Gutschlag Tel. +49 6221 871 000 [email protected] 10.08.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: Deutsche Rohstoff AG Friedrich-Ebert-Anlage 24 69117 Heidelberg Germany Phone: 06221-87100-11 Fax: 06221-87100-22 E-mail: [email protected] Internet: www.rohstoff.de ISIN: DE000A0XYG76, DE000A1R07G4, WKN: A0XYG7, A1R07G Indices: Entry Standard (Performance TOP 30) Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart, Tradegate Exchange; Open Market (Entry Standard) in Frankfurt End of Announcement DGAP News-Service ---------------------------------------------------------------------------