02.06.2020 Deutsche Rohstoff AG  DE000A0XYG76

DGAP-News: Deutsche Rohstoff AG: Bright Rock acquires land package in Wyoming


 

DGAP-News: Deutsche Rohstoff AG / Key word(s): Miscellaneous
Deutsche Rohstoff AG: Bright Rock acquires land package in Wyoming

02.06.2020 / 08:43
The issuer is solely responsible for the content of this announcement.


Deutsche Rohstoff AG: Bright Rock acquires land package in Wyoming
28,000 net acres/300 barrels daily production

Mannheim. Bright Rock Energy has signed a purchase agreement for extensive areas in the US state of Wyoming. The package consists of approximately 28,000 net acres (approximately 11,300 hectares or 111 square kilometers) with currently five wells, which produced approximately 300 barrels per day in April 2020. Bright Rock will be the operator for the vast majority of the acres. Around 40% of the acreage is "held by production", i.e. the area is secured for the long term without further drilling obligations. At present, several drilling permits have been granted which provides optionality during any price rebound.

The purchase price reflects almost exclusively the value of current production based on the current forward curve. Only a small value was attached to the large number of possible wells, as they are not economically viable at current oil prices. The transaction is subject to the usual due diligence, which will be conducted in the coming weeks. The transaction is expected to be completed by mid-July.

Chris Sutton, CEO of Bright Rock, commented: "We are delighted to announce the acquisition of this very large land package. It gives us the opportunity to develop significant new production when oil prices return to normal above 50 USD/barrel. The position is nearby several emerging oil fields, where strong drilling results are being realized while drilling costs are falling. The state of Wyoming also offers very good and stable conditions for oil and gas production."

Mannheim, 2 June 2020

Deutsche Rohstoff identifies, develops and sells attractive raw material deposits in North America, Australia and Europe. The focus is on the development of oil and gas deposits in the USA. Metals such as gold, copper, rare earths, tungsten and tin complete the portfolio. Further information can be found at www.rohstoff.de

Contact
Deutsche Rohstoff AG
Dr. Thomas Gutschlag, CEO
Phone +49 621 490 817 0
info@rohstoff.de



02.06.2020 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.

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Language: English
Company: Deutsche Rohstoff AG
Q7, 24
68161 Mannheim
Germany
Phone: 0621 490 817 0
Fax: 0621 490 817 22
E-mail: gutschlag@rohstoff.de
Internet: www.rohstoff.de
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: 1060425

 
End of News DGAP News Service

1060425  02.06.2020 

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Die wichtigsten Finanzdaten auf einen Blick
  2013 2014 2015 2016 2017 2018 2019 2020e
Umsatzerlöse1 17,76 22,87 1,90 9,17 53,75 109,05 41,20 34,00
EBITDA1,2 3,90 114,20 4,93 6,37 36,13 97,93 22,72 58,00
EBITDA-Marge3 21,96 499,34 259,47 69,47 67,22 89,80 55,15 170,59
EBIT1,4 -5,40 88,70 2,11 -0,54 6,13 32,70 5,63 58,00
EBIT-Marge5 -30,41 387,84 111,05 -5,89 11,40 29,99 13,67 170,59
Jahresüberschuss1 -7,65 54,02 1,16 -0,54 7,63 17,95 0,19 -5,00
Netto-Marge6 -43,07 236,20 61,05 -5,89 14,20 16,46 0,46 -14,71
Cashflow1,7 -1,77 -18,98 1,19 2,91 37,85 68,67 34,93 0,00
Ergebnis je Aktie8 -1,44 10,15 0.23 0,02 1,51 3,54 0,04 -0,98
Dividende8 0,00 0,50 0,55 0,60 0,65 0,70 0,10 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2019 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Falk

INVESTOR-INFORMATIONEN
©boersengefluester.de
Deutsche Rohstoff
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A0XYG7 8,900 Kaufen 45,23
KGV 2021e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
16,18 10,36 1,614 5,58
KBV KCV KUV EV/EBITDA
0,71 1,29 1,10 5,180
Dividende '19 in € Dividende '20e in € Div.-Rendite '19e
in %
Hauptversammlung
0,10 0,00 1,12 15.07.2020
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
09.05.2019 27.09.2019 07.11.2019 19.05.2020
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
6,05% -23,53% -40,67% -48,55%
    
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