Neptune Energy Completes Acquisition of Interests in German Oil and Gas Fields

Source Press Release
Company Neptune Energy GroupWintershall Dea GmbH 
Tags Asset Deals, Deals, Upstream Activities
Date September 02, 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.

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