Brief: Deutsche Rohstoff Says Subsidiary Salt Creek Oil & Gas LLC Has Sold All Of Its Utah Assets

Deutsche Rohstoff AG

14/11/2023 21:59

Nov 15 (Reuters) - Deutsche Rohstoff Ag  DR0G.DE :
    * EQS-ADHOC: DEUTSCHE ROHSTOFF AG: SALT CREEK OIL & GAS
SELLS UTAH
ASSETS
    * FORECAST FOR 2024 REDUCED BY EFFECT OF TRANSACTION
    * WHOLLY OWNED SUBSIDIARY SALT CREEK OIL & GAS LLC HAS SOLD
ALL OF
ITS UTAH ASSETS IN TWO TRANSACTIONS
    * NOW SEES FY 2024 GROUP SALES: EUR 175 TO 195 MILLION
(PREVIOUSLY
EUR 190 TO 210 MILLION)
    * NOW SEES 2023 EBITDA: EUR 152 TO 162 MILLION (PREVIOUSLY
EUR 138
TO 148 MILLION)

Source text for Eikon:  ID:nEQ24vXYha 
Further company coverage:  DR0G.DE 

 ((Reuters.Briefs@thomsonreuters.com;))