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OFFON

DEUTSCHE ROHSTOFF AG

(DR0)
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PRESS RELEASE: Deutsche Rohstoff AG: Value of oil and gas reserves up year-on-year based on current prices

03/11/2021 | 02:45am EST
DGAP-News: Deutsche Rohstoff AG / Key word(s): Miscellaneous 
Deutsche Rohstoff AG: Value of oil and gas reserves up year-on-year based on current prices 
2021-03-11 / 08:42 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
Deutsche Rohstoff AG: Value of oil and gas reserves up year-on-year based on current prices 
Mannheim. The present value of the reserves of the US-subsidiaries of Deutsche Rohstoff AG (future cash flow discounted 
at 10%, so-called PV 10) amounts to USD 211.6 million based on the current forward curve as of 8 March 2021. Of this 
amount, USD 188.2 million relates to certain reserves and USD 23.4 million relates to probable reserves. 
As of 31 December 2020, the value was USD 128.8 million for the proven reserves and USD 14.6 million (previous year: 
USD 9.4 million) for the probable reserves due to significantly lower prices. Proven reserves were calculated at 20.4 
million barrels of oil equivalent (BOE) at year-end (previous year: 26.6 million BOE), while probable reserves were 
calculated at 3.8 million BOE (previous year: 2.4 million BOE). 
Cub Creek and Elster reserves were lower than the previous year due to production last year and also due to an assumed 
reduced drilling density at the Knight well pad. Bright Rock, on the other hand, significantly increased reserves 
through acquisitions and higher drilling density in the Uinta-Basin in Utah. At Salt Creek and Bright Rock, proved 
reserves climbed over 34% to now 4.7 million BOE (previous year: 3.5 million BOE), while probable reserves rose by as 
much as 60% to 3.8 million BOE. 
A detailed overview will be available shortly on the website of Deutsche Rohstoff. 
Mannheim, 11 March 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 
=---------------------------------------------------------------------------------------------------------------------- 
2021-03-11 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 
=---------------------------------------------------------------------------------------------------------------------- 
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:  1174779 
 
End of News   DGAP News Service 
=------------ 

1174779 2021-03-11

(END) Dow Jones Newswires

March 11, 2021 02:44 ET (07:44 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
DEUTSCHE ROHSTOFF AG -0.44% 22.5 Delayed Quote.11.33%
EURO / BRITISH POUND (EUR/GBP) -0.20% 0.83275 Delayed Quote.-0.44%
LONDON BRENT OIL -0.22% 89.53 Delayed Quote.13.01%
WTI -0.53% 86.89 Delayed Quote.13.23%
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Financials
Sales 2021 72,0 M 80,1 M 80,1 M
Net income 2021 - - -
Net Debt 2021 103 M 115 M 115 M
P/E ratio 2021 -
Yield 2021 3,10%
Capitalization 112 M 126 M 125 M
EV / Sales 2021 2,99x
EV / Sales 2022 1,51x
Nbr of Employees 25
Free-Float 87,4%
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Number of Analysts 1
Last Close Price 22,60 €
Average target price 31,00 €
Spread / Average Target 37,2%
Managers and Directors
Thomas Gutschlag Chief Executive Officer
Jan-Philipp Weitz Chief Financial Officer
Martin Billhardt Chairman-Supervisory Board
Gregor Borg Member-Supervisory Board
Wolfgang Seybold Member-Supervisory Board
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