Cub Creek Energy starts a drilling program for 11 wells of 2 miles horizontal length. Investment volume around USD 60 million.
Increase in oil & gas reserves of US subsidiaries: proven reserves 29.42 million BOE, possible 3.41 million BOE.
Salt Creek Oil & Gas makes further acquisitions and expands its portfolio after the successful sale.
Deutsche Rohstoff AG has raised its forecast for the 2018 financial year for the second time due to positive developments.
Almonty reaches important milestone for KfW project financing of the South Korean Sangdong mine.
Newly founded US subsidiary Bright Rock Energy acquires first land in Uinta Basin in Utah.
With the establishment of Bright Rock Energy, Deutsche Rohstoff has further expanded its oil and gas portfolio and gained a strong team for its further growth strategy.
Tin International sells Sadisdorf and Hegelshöhe licenses to joint venture partner Lithium Australia NL.
Salt Creek Oil & Gas sells most of its land acquired in November 2016 to Northern Oil & Gas. Through the sale, Deutsche Rohstoff AG holds approx. 2% of Northern.
Deutsche Rohstoff AG places its first convertible bond with an issue volume of EUR 10.7 million. The net issue proceeds will be used to finance the growth of the US Oil & Gas activities.
Due to the JV of the subsidiary Tin International AG and Lithium Australia NL, Deutsche Rohstoff is also entering the promising lithium market for the first time.
Deutsche Rohstoff AG moves its shares to the newly created scale segment of Deutsche Börse
The latest US company, Salt Creek Oil & Gas, acquires oil and gas production in North Dakota. This is the first time that Deutsche Rohstoff has produced oil outside Colorado.
The subsidiary Cub Creek Energy becomes a producer and begins production from nine wells on the Vail Pad.
Successful placement of another bond with initial placement proceeds of EUR 40.6 million. The total outstanding volume increased to EUR 66.6 million through subsequent placements totalling EUR 26 million.
Deutsche Rohstoff regains its status as a producer after the successful completion of drilling activities on its Elster Oil & Gas tenements in the Wattenberg Field. Deutsche Rohstoff had divested its producing oil assets during 2014.
With the foundation of Salt Creek Oil & Gas Deutsche Rohstoff adds a third US oil and gas subsidiary to its portfolio. The company focuses on projects outside of the Wattenberg Field.
Acquisiton of a 15% share of the exploration company Hammer Metals. Thus, Deutsche Rohstoff again enters the Australian commodity market. It is the goal to identify copper deposits in the world-class deposits around Mt. Isa.
Foundation of Cub Creek Energy with the former Tekton Energy Management. The new US company based in Denver wants to repeat the success story of Tekton Energy in the oil & gas business.
Sale of the Australian Wolfram Camp Mine to Almonty Industries. In return, Deutsche Rohstoff takes over nearly 25% of Almonty, becoming a shareholder of the highly profitable Los Santos tungsten mine in Spain.
Sale of the main assets of the US-subsidiary Tekton Energy for 200 Mio USD. Excellent drilling results, as well as a booming oil market grant Deutsche Rohstoff a high multiple of their invested capital within less than three years.
Issuance of a corporate bond in the amount of EUR 62.5 million to finance the planned US-oil activities.
With the first successful wells of Tekton Energy, Deutsche Rohstoff AG becomes an oil producer.
Acquisition of the past producing Wolfram Camp Mine in Queensland/Australia. The goal is to establish a new tungsten producer outside of China.
Foundation of Tekton Energy in Colorado/USA. With this US-subsidiary, Deutsche Rohstoff AG enters the booming US shale oil market.
With the begin of gold mining at the Georgetown Mine, Deutsche Rohstoff AG for the first time is a producer.
Listing of Deutsche Rohstoff AG in the Entry Standard of the Frankfurt Stock Exchange.
Foundation of Deutsche Rohstoff AG by Titus Gebel and Thomas Gutschlag with a share capital of EUR 250,000. The emphasis of the founders was to establish a German primary producer.