Germany's Wintershall Dea is selling its operated participating interests in certain domestic oil concessions to compatriot player RDG.
The sale is part of Wintershall Dea's plan to refocus its portolio of assets in Germany.
The concessions being sold include Aitingen (in which Wintershall Dea holds a 33.33% interest), Schwabmuenchen (100%), Lauben/Bedernau (50%) and Hebertshausen (100%), all of which are located in Bavaria, southern Germany.
Also part of the deal is Wintershall Dea’s 66% interest in the Landau concession in Rhineland-Palatinate, the Tannheim/Engelsberg concession (50%) in Baden-Wurttemberg and the Suderbruch concession (100%) in Lower Saxony.
