Neptune Energy completes acquisition of interests in German oil and gas fields

02/09/2019

Neptune Energy today announced it has completed the acquisition of interests in certain oil and gas fields in Emsland and the Grafschaft Bentheim region in Germany from Wintershall Dea.

The agreement increases Neptune’s existing interest in the Bramberge, Meppen and Annaveen oilfields, located in the Emsland region and in various gas fields in the Grafschaft Bentheim region, adding approximately 600 barrels of oil equivalent (boe) of daily net production to Neptune’s production in Germany – an increase of around five per cent.

-ends-

Contacts

Dr Stefan Brieske, Head of Communications and Public Affairs, Germany

presse@neptuneenergy.de

+49 59 161 2888

 

About Neptune Energy

Neptune Energy is an independent global E&P company with operations across the North Sea, North Africa and Asia Pacific. Neptune had production of around 160 thousand net boe per day in 2018 and 2P reserves at 31st December 2018 of 638 million boe. The Company, founded by Sam Laidlaw, is backed by CIC and funds advised by Carlyle Group and CVC Capital Partners. For further information please visit: www.neptuneenergy.com

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