Deutsche Rohstoff AG: Restructuring and Expansion in Wyoming

Deutsche Rohstoff AG has announced the restructuring of its subsidiaries, combining Wyoming acreage under 1876 Resources, which now manages 65,000 acres. This move includes the flowback of nine additional wells, with group investments reaching EUR 180 million in 2024.

Bright Rock Energy has transferred 34,000 acres to 1876 Resources, expanding production capacity. The majority of the acreage is undeveloped, offering potential for over 100 new wells. Meanwhile, Deutsche Rohstoff USA has secured minority and profit interests in its subsidiaries.

1876 Resources' successful drilling program led to significant cost reductions. The expansion provides operational flexibility and potential synergies. Bright Rock continues evaluating new acquisition opportunities, while Salt Creek and Elster maintain minority interests in various projects.