Tekton Energy commences horizontal drilling

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. Tekton plans for two initial wells with a lateral length of 4.100 feet (1.250 meters) per well from its existing Rancho pad in the southern part of its acreage. Horizontal wells of this length usually need 14 days drilling time per well. Tekton therefore expects to complete drilling around the end of March. It is planned to complete the two wells during April and start production in early May. After the first month of production, Tekton plans to get a reserve calculation prepared as basis for further financing.