Deutsche Rohstoff: Bond buyback Heidelberg. Deutsche Rohstoff AG has purchased outstanding bonds (ISIN DE000A1R07G4, WKN A1R07G) with a nominal value of EUR 4.93 million at market price. The buyback was carried out in an over the counter transaction. Selling parties were instititutional bondholders. The remaining nominal value of outstanding bonds [...]
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 [...]
Deutsche Rohstoff: Tekton Energy reports quarterly production figures and gives update of sales process 250,761 BOE in first quarter/Closing of asset sale expected on or before 30 May Heidelberg/Denver. Tekton Energy reported today that the company produced 250,761 barrels of oil equivalent in the first quarter of 2014. Tekton's share of the [...]
Deutsche Rohstoff: Tekton Energy reports strong results from new production 2.500 Barrels of Oil Equivalent per day during first 30 days / Production rates above expectations Heidelberg/Denver. Tekton Energy reported today that five new horizontal wells have initially produced an average of combined 2.500 Barrels of Oil Equivalent (BOE) per day [...]
Deutsche Rohstoff: Wolfram Camp declares start of commercial production Exploration leads to increased resource inventory/Board approves 10-year mine plan Heidelberg/Brisbane. Wolfram Camp Mining (WCM), 100 % owned subsidiary of Deutsche Rohstoff, officially declared start of commercial operations from November 1st on. This declaration is following [...]
Deutsche Rohstoff: First horizontal wells from Tekton Energy have already reached payout Production from five horizontal wells to begin/Drilling of seven new horizontal wells Heidelberg/Denver. The first two horizontal wells, which Tekton Energy, US oil and gas subsidiary of Deutsche Rohstoff, drilled from the Rancho pad in spring, have already [...]
Deutsche Rohstoff: Rhein Petroleum announces successful exploratory oil drilling Successful redevelopment of former oil field Stockstadt in Hesse Heidelberg. Rhein Petroleum GmbH, Heidelberg, announced today, that drilling of their first oil well in Riedstadt-Crumstadtd was successful, which means it reached oil-bearing layers. Riedstadt-Crumstadt [...]
Deutsche Rohstoff: Tekton concludes drilling of five horizontal wells All drillings reach oil-bearing layers/Successful 'batch-drilling' reduces drilling time Heidelberg/Denver. Drilling of five additional horizontal wells from Tekton's Pavistma South pad that started in late August was finished yesterday, significantly ahead of schedule. All [...]
Deutsche Rohstoff: Strong sales and profit growth in the first half of 2013 Tekton Energy drilling program on schedule/Additional bond issue of EUR 10 million Heidelberg. Deutsche Rohstoff AG, Heidelberg, published its semi-annual report today. The report can be downloaded on the company's website (www.rohstoff.de). Sales of the group during the [...]
Deutsche Rohstoff AG: Tekton Energy leases additional 1.900 acres in north-western Wattenberg Both recently drilled horizontal wells producing
Denver/Heidelberg. Tekton Energy (www.tektonenergy.com) reported today that it leased an additional 1.900 acres, boosting Tekton's total acreage position in the prospective north-western part of the [...]
Deutsche Rohstoff AG: Tekton Energy commences production from first horizontal well
Denver/Heidelberg. Deutsche Rohstoff AG's US-Oil subsidiary Tekton Energy (www.tektonenergy.com) reported today that it has already started producing from its first horizontal well, two weeks earlier than scheduled. The well was drilled in March 2013 and completed [...]
Deutsche Rohstoff AG: Tekton Energy commences horizontal drilling Two wells planned from existing pad / Further cooperation agreement signed
Denver/Heidelberg. Deutsche Rohstoff AG's US-Oil subsidiary Tekton Energy (www.tektonenergy.com) reported today that it will commence its horizontal drilling program near the town of Windsor this weekend [...]
