Deutsche Oel & Gas S.A. has sold all of the currently planned natural gas output from well KLU#3 in its own production region, the Kitchen Lights Unit.
Buyers include ConocoPhilllips (delivery immediately until the end of 2016), one of the world’s largest gas and oil companies, Aurora Gas (delivery immediately until 2018), a U.S. gas trader, and Homer Electric (delivery from April 2016 to 2019), the second-largest gas company in Alaska.
“We are delighted to be supplying three prestigious customers in ConocoPhillips, Aurora Gas and Homer Electric. These supply agreements give us planning certainty and enable us to consistently drive forward our growth”, explained Kay Rieck, Chairman of the Board of Directors of Deutsche Oel & Gas S.A.