DEA Group1 to release 2017 first quarter report on Thursday, May 11th 2017
A live audiocast presentation will be held on Thursday May 11th 2017 at 2.00pm Central European Time (CET), following the release of the financial statements for the first quarter.
The financial statements and the presentation will be published on DEA’s website at 9.00am CET on May 11th 2017.
Thomas Rappuhn, CEO of DEA2, and Dmitry Avdeev, CFO of DEA2 , will comment on the latest developments in the DEA Group.
The dial in details for the “DEA Group Q1 2017 Results Presentation” conference call are below. Please make use of the early dial-in opportunity (10 minutes before the start of the event) so that the event can start on time.
Germany: +49 30 232531428
France: +33 172 253098
Italy: +39 023 6046103
Netherlands: +31 107 138121
UK: +44 203 3679216
US: +1 408 9169838
For further information:
Aleksander Azarnov
Head of Structured Finance and Investor Relations
T +49 40 6375 2856
M +49 162 273 2856
E [email protected]
Olaf Mager
Head of External Communications
T +49 40 6375 2877
M +49 162 273 2877
E o[email protected]
Background information
DEA Deutsche Erdoel AG, together with its subsidiaries (“DEA”), is an international independent crude oil and natural gas company with full lifecycle capabilities across exploration, development and production. DEA has proved and probable reserves of 667 million barrels of oil equivalents (MMboe) as at 1 January 2017.
DEA’s focus is on safe, sustainable and environmental conscious exploitation of oil and gas. DEA has 118 years of experience working along the whole upstream value-chain as operator or project partner. With a staff of 1,350 employees DEA has stakes in production facilities and concessions in, among others, Germany, Norway, Denmark, Egypt and Algeria.
1For purposes of the Senior Notes due 2022 issued by DEA Finance SA, the DEA Group consists of L1E Finance GmbH & Co KG and its subsidiaries, including DEA. Pursuant to the indenture governing the Notes, the DEA Group is required to report the consolidated financial accounts of L1E Finance GmbH & Co KG.
2Mr. Rappuhn is CEO, and Mr. Avdeev is CFO, of DEA Deutsche Erdoel AG. Each of them is a Managing Director of L1E Finance GP GmbH, general partner of L1E Finance GmbH & Co KG.