Brief: Deutsche Rohstoff Says Value Of Reserves Of U.S. Subsidiaries Is $211.6 Million

Deutsche Rohstoff AG

11/03/2021 07:44

March 11 (Reuters) - Deutsche Rohstoff AG  DR0G.DE :
    * DGAP-NEWS: DEUTSCHE ROHSTOFF AG: VALUE OF OIL AND GAS
RESERVES
UP YEAR-ON-YEAR BASED ON CURRENT PRICES
    * PRESENT VALUE OF RESERVES OF US-SUBSIDIARIES OF DEUTSCHE
ROHSTOFF AG (FUTURE CASH FLOW DISCOUNTED AT 10%, SO-CALLED PV
10) AMOUNTS TO USD 211.6 MILLION BASED ON CURRENT FORWARD CURVE
AS OF 8 MARCH 2021
    * USD 188.2 MILLION RELATES TO CERTAIN RESERVES AND USD 23.4
MILLION RELATES TO PROBABLE RESERVES.

Source text for Eikon:  ID:nEQ9dx3P3a 
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