11.10.2016
Deutsche Rohstoff AG DE000A0XYG76
DGAP-News: Deutsche Rohstoff AG: Cub Creek drills two additional wells
DGAP-News: Deutsche Rohstoff AG / Key word(s): Miscellaneous
Deutsche Rohstoff AG: Cub Creek drills two additional wells
11.10.2016 / 08:56
The issuer is solely responsible for the content of this announcement.
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Deutsche Rohstoff AG: Cub Creek drills two additional wells
Wells from Vail-pad will commence flow back soon
Mannheim. Cub Creek Energy (CCE) has started drilling two additional
horizontal wells from its Markham pad. Management of Cub Creek and Deutsche
Rohstoff decided last week to drill the two wells after they had been
permitted at the end of September. CCE has already drilled 10 wells from
this pad between end of July and early October.
Preparations for start of flow back from the Vail pad has well advanced in
the meantime. All nine wells are completed and already connected to a gas
pipeline. In addition, the wells are currently connected to an oil pipeline
that runs directly alongside the pad. CCE will save significant amounts
longterm by doing so because no costly truck transport will be necessary.
CCE's working interest in these wells is close to 100%. Production will
start during October, 2016 as stated before.
Mannheim, 11 October 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]
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11.10.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: Deutsche Rohstoff AG
N1, 1 (Stadthaus), 3. Etage
68161 Mannheim
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 News DGAP News Service
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510463 11.10.2016
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