23.08.2018
Daldrup & Söhne AG DE0007830572
DGAP-News: Daldrup & Söhne AG receives order from Swiss company Nagra for deep drilling
DGAP-News: Daldrup & Söhne AG / Key word(s): Incoming Orders
Daldrup & Söhne AG receives order from Swiss company Nagra for deep drilling
23.08.2018 / 11:07
The issuer is solely responsible for the content of this announcement.
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CORPORATE NEWS
Daldrup & Söhne AG receives order from Swiss company Nagra for deep drilling
- Nagra seeks suitable location for nuclear repository in Switzerland
- Project volume can amount to up to CHF 50 million over the next four years
Grünwald / Ascheberg, August 23, 2018 - The drilling technology and
geothermal specialist Daldrup & Söhne AG (ISIN DE0007830572) has been
awarded a contract for deep drilling by Nagra, the national company for the
storage of radioactive waste in Switzerland, through a tender procedure. The
total project volume can amount to up to CHF 50 million and can extend over
a period of four years. Nagra is looking for a suitable site for a deep
geological repository for radioactive waste in Switzerland. Nagra has
commissioned drilling to a depth of around 2,000 metres in order to examine
the subsoil of the possible siting areas in detail. According to Nagra,
these exploratory wells should allow a "comprehensible assessment of the
long-term safety of a deep geological repository". Drilling is scheduled to
begin in early 2019.
CEO Josef Daldrup commented on the order from Switzerland: "We are pleased
to be able to support Nagra with our drilling expertise in the coming years.
We have also drilled numerous geological exploration wells for deposits in
Germany. We will coordinate closely with our client on the legitimate
interests of the public regarding the deep drilling."
About Daldrup & Söhne AG
Daldrup & Söhne AG (ISIN: DE0007830572, WKN: 783057) with a corporate
history spanning more than 70 years is a specialist provider of drilling and
environmental services and ranks as one of the leading companies in Germany.
Its activities are divided into the business divisions Geothermics, Raw
Materials & Exploration, Water Extraction as well as Environment,
Development & Services (EDS). The Geothermics business division provides
drilling services for near-surface geothermics (especially geothermal probes
of heat pumps), along with drilling services for deep geothermics up to 6000
m, in order to utilise the geothermal energy accessible in this way for
electricity and/or heat generation. In the Raw Materials and Exploration
business division, the bores made by Daldrup & Söhne AG serve for exploring
and developing fossil fuel deposits (especially coal and gas) as well as
mineral resources and ores (e.g. copper and gold). The Water Extraction
business division comprises well construction for the extraction of
drinking, service, curative, mineral, boiler-feed or cooling water as well
thermal brine. The Environment, Development & Services (EDS) business
division comprises special environmental engineering services such as the
hydraulic clean-up of contaminated sites, the drilling of gas extraction
wells for recovering waste dump gas, the provision of groundwater quality
measuring points or the installation of water purification plants
The majority stake in Geysir Europe GmbH also gives the Daldrup Group its
own fields of experience in the exploration of geothermal energy in the
Bavarian Molasse Basin and in the Upper Rhine Plain. The existing project
management and power station expertise means that all stages of value
creation can be covered for a deep geothermics project.
The shares of Daldrup & Söhne AG are listed in the Scale (sub-segment in the
open market of the Frankfurt Stock Exchange).
Disclaimer
This publication represents neither an offer for sale nor a call to submit a
tender for the purchase or underwriting of securities. This publication and
the information it contains is not intended for direct or indirect
dissemination in or within the United States of America ("USA"), Canada,
Australia or Japan.
Press & Investor Relations Contact:
Daldrup & Söhne AG
Falk v. Kriegsheim
Phone +49 (0)2593-9593-29
Fax +49 (0)2593-9593-60
Bavariafilmplatz 7 [email protected]
82031 Grünwald/Geiselgasteig www.daldrup.eu
Contact:
Daldrup & Söhne AG
Falk v. Kriegsheim
Fon +49 (0)2593-9593-29
[email protected]
www.daldrup.eu
Bavariafilmplatz 7
82031 Grünwald/Geiselgasteig
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23.08.2018 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: Daldrup & Söhne AG
Bavariafilmplatz 7 / Gb. 32
82031 Grünwald/Geiselgasteig
Germany
Phone: +49 (0) 89 / 45 24 37 920
Fax: -
E-mail: [email protected]
Internet: www.daldrup.eu
ISIN: DE0007830572
WKN: 783057
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf,
Frankfurt (Scale), Munich, Stuttgart, Tradegate Exchange
End of News DGAP News Service
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