Heidelberg. Rhein Petroleum GmbH, an 10% investment of Deutsche Rohstoff AG, announced today that, following the completion of initial productivity tests, its two holes "Stockstadt 2001" and "Allmend 1" in Riedstadt-Crumstadt will be paused, subject to further work. The technique, referred to in the jargon as "trapping", secures the bore and allows work to be resumed at short notice. "The first productivity tests in Stockstadt 2001 did not allow us to bring the expected amount of oil to the surface." Michael Suana, Managing Director of Rhein Petroleum. Therefore, Rhein Petroleum will now first make further evaluations of the data and results obtained.

Rhein Petroleum is currently preparing a third well at Riedstadt-Goddelau with "Schwarzbach 1", which targets one of several prospective geological structures near the old town of Stockstadt.

The complete press release is available at www.rheinpetroleum.de.

Deutsche Rohstoff AG, which co-founded Rhein Petroleum Ende 2007 to reclaim old oil fields in southern Germany, is still involved with 10% in the company. The remaining shares are held by Tulip Oil (www.tulipoil.com), The Hague, Netherlands, to which Deutsche Rohstoff sold the majority at the beginning of 2011. Due to an agreement of September 2012 between Tulip Oil and Deutsche Rohstoff, Deutsche Rohstoff currently has to finance only 10% of Rhein Petroleum's investments despite the 2,5% share.

Heidelberg, 16. May 2014

Deutsche Rohstoff, listed in the Entry Standard, is building a new raw material producer. The focus is on oil & gas and so-called high-tech metals such as tungsten, tin and rare earths. All projects are located in politically stable countries with high environmental standards. The business model is based on the (re-) development of deposits that have already been well explored in the past. Further information on Deutsche Rohstoff at www.rohstoff.de.

Source: http://www.rohstoff.de/2014/05/16/deutsche-rohstoff-rhein-petroleum-beendet-produktivitaetstests/