Brief: Deutsche Rohstoff Announces Bright Rock Acquires Additional Acreage In Wyoming

Deutsche Rohstoff AG

17/02/2022 08:16

Feb 17 (Reuters) - DEUTSCHE ROHSTOFF AG  DR0G.DE :
    * BRIGHT ROCK ACQUIRES ADDITIONAL ACREAGE IN WYOMING
    * BRIGHT ROCK ENERGY HAS SIGNED A PURCHASE AND SALES
AGREEMENT FOR
ACREAGE IN POWDER RIVER BASIN IN WYOMING
    * ACREAGE IS APPROXIMATELY 9,500 ACRES (38 SQUARE
KILOMETERS)
    * PARTIES HAVE AGREED NOT TO DISCLOSE PURCHASE PRICE
    * IN ITS FIRST 90 DAYS AFTER CLEAN-UP, IT PRODUCED AN
AVERAGE OF
805 BARRELS OF OIL PER DAY, OR 68,000 BARRELS IN TOTAL,
CONTINUING TO EXCEED EXPECTATIONS

Source text for Eikon:  ID:nEQ3Hm2qza 
Further company coverage:  DR0G.DE 

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