DGAP-News: Deutsche Rohstoff AG / Key word(s): Miscellaneous 
Deutsche Rohstoff AG: Continued positive development 
2021-06-23 / 07:53 
The issuer is solely responsible for the content of this announcement. 
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Deutsche Rohstoff AG: Continued positive development 
Oil production above expectations/Strong results of securities portfolio 
Mannheim. At the end of the first half of the year, Deutsche Rohstoff AG provides an update on the development of its 
business: 
  . Oil and gas production in the USA continued to develop very positively. A total of about 1,210,000 BOE (570,000 BO) 
    were produced until the end of May. This means that production to date was around 16% percent above plan. 
  . Drilling from the Knight well pad was completed on schedule at the end of May. It is anticipated that well 
    completion will start in mid-July. Production is still expected to commence in the fourth quarter of 2021. Cub 
    Creek drilled 12 wells with 2.25 miles of horizontal length. Cub Creek's working interest in the wells is 86%. 
    Total capital expenditures are estimated to be USD 60 million. 
  . Cub Creek has entered into hedging contracts for both existing production and anticipated Knight production. For 
    the remainder of 2021, around 380,000 barrels are hedged at around USD 50, and for 2022 to date, 390,000 barrels 
    are hedged at around USD 58 per barrel. 
  . The securities portfolio consisting of oil and gas and gold stocks continues to deliver very good results. In the 
    2nd quarter, gains of EUR 3.0 million have been realized so far. In addition, there are unrealized gains in the 
    amount of EUR 6.4 million. In the 1st quarter, profits in the amount of EUR 8.5 million were realized. 
The company is planning to publish its preliminary half-year figures by mid-July and the full half-year report by 
mid-August. 
Mannheim, 23 June 2021 
Deutsche Rohstoff identifies, develops and sells attractive raw material deposits in North America, Australia and 
Europe. The focus is on the development of oil and gas deposits in the USA. Metals such as gold and tungsten complete 
the portfolio. Further information can be found at www.rohstoff.de 
Contact 
Deutsche Rohstoff AG 
Dr. Thomas Gutschlag, CEO 
Phone +49 621 490 817 0 
info@rohstoff.de 
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2021-06-23 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
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Language:     English 
Company:      Deutsche Rohstoff AG 
              Q7, 24 
              68161 Mannheim 
              Germany 
Phone:        0621 490 817 0 
Fax:          0621 490 817 22 
E-mail:       gutschlag@rohstoff.de 
Internet:     www.rohstoff.de 
ISIN:         DE000A0XYG76, DE000A1R07G4, 
WKN:          A0XYG7, A1R07G 
Indices:      Scale 30 
Listed:       Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Hanover, Munich, 
              Stuttgart, Tradegate Exchange 
EQS News ID:  1210887 
 
End of News   DGAP News Service 
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1210887 2021-06-23


 
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(END) Dow Jones Newswires

June 23, 2021 01:53 ET (05:53 GMT)