Wintershall Holding AG

Transaction Type
Marketers
Post Date
Estimated Price
0MM
Description

Wintershall Holding AG, Kassel, Germany, a subsidiary of BASF AG, has retained IndigoPool to sell up to 50% interest in a German North Sea partnership. Wintershall plans to drill an appraisal well in License B20 008/71 in 2009, covering 2,571 square kilometers. The license is comprised of blocks H15-H18 and L1-L5, adjacent to the Netherlands border in 25- to 35-meter depths. Wintershall is operator and holds 100% equity in the license. The company will consider asset swaps. The data room in Rijswijk is open through Feb. 15. Offers are due March 15. Contact Greg Mowldes, 713-513-1513