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.

Salt Creek Oil & Gas participates as a non-operator in oil wells drilled by other companies. At the end of 2023, Salt Creek Oil & Gas sold its acreage in Utah, which included around 250 non-operated wells with an average working interest of 2.3%. In two joint ventures with Occidental Petroleum in Wyoming, a total of 31 wells were brought into production in 2023 and 2024. For 2026, Salt Creek Oil & Gas plans to participate in an additional drilling program with an established operator in the Powder River Basin in Wyoming.

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.

At the end of 2024, the acreage acquired by Bright Rock Energy in 2020 in the Powder River Basin was transferred to its sister company, 1876 Resources.

Bright Rock Energy focuses on identifying and executing new acquisitions, partnerships, and business opportunities for the Deutsche Rohstoff Group together with its experienced and successful management team. As part of these activities, Bright Rock Energy has signed its first major purchase agreements for acreage in Ohio. The focus is on the Utica and Point Pleasant formations in the Appalachian Basin. Similar to the highly successful development of acreage in Utah and Wyoming, Bright Rock will rely on its technical expertise to unlock the value of the newly acquired acreage in Ohio.

For further information please visit Bright Rock Energy's website:  brightrockenergy.com

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.