Subsidiaries

1876 Resources

1876 Resources is based in Denver, Colorado. The company was founded in 2014 by Deutsche Rohstoff and 1876’s management at the time.

In addition to the Denver-Julesberg Basin in Colorado, 1876 Resources also produced in the Powder River Basin in Wyoming in 2024.

In 2024, 1876 Resources drilled a total of twelve oil wells as operator in Wyoming, three of which started production in the middle of the year and nine wells in the last quarter of 2024. As part of an intra-group acreage transfer, 1876 Resources acquired almost all of Bright Rock Energy‘s acreage at the end of 2024.

The Company holds approximately 73,000 acres in the Powder River Basin with significant potential for further development.

For more information, visit 1876 Resources' website:  1876resources.com

Salt Creek Oil & Gas

Salt Creek Oil & Gas is based in Denver, Colorado. Deutsche Rohstoff founded the company in mid-2015.

In 2024, Salt Creek Oil & Gas further expanded its interests as a non-operator in oil wells drilled by other companies. In two joint ventures with Occidental Petroleum in Wyoming, the last ten of a total of 31 wells were put into operation.

Bright Rock Energy

Bright Rock Energy is based in Denver, Colorado. The company was founded in mid-2018 by Deutsche Rohstoff and its current management.

In 2020, Bright Rock Energy acquired a land position in the Powder River Basin in Wyoming and successively expanded it.

Bright Rock Energy completed the three wells started in 2023 in the Powder River Basin in Wyoming in 2024 and brought them into production in the middle of the year. At the end of the year, Bright Rock Energy‘s acreage was acquired by its sister company 1876 Resources. Bright Rock Energy there fore no longer holds any significant shares or acreage and is focused on examining and implementing new acquisitions, partnerships and business opportunities for the Deutsche Rohstoff Group together with the experienced and success ful management team.

Elster Oil & Gas

Elster Oil & Gas is based in Denver, Colorado. The management is identical to the management of 1876 Resources. Deutsche Rohstoff holds a 93 % share in Elster Oil & Gas.

The Company holds acres in the Denver-Julesburg Basin, Colorado. The acreage was developed by operator Civitas Resources, which brought a total of 40 wells into production between 2015 and 2018. Elster’s position is largely developed.