Cargolifter AG i.I. (delisted)
CargoLifter AG english
CargoLifter sells first CL 75 AC
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
——————————————————————————–
Berlin; On March 16, CargoLifter AG sold the first CL 75 AC transportation
balloon. Under the agreement, Heavy Lift Canada, Inc., headquartered in
Calgary/Alberta will receive this new means of transport based on “Lighter-than-
Air” technology in December 2002 and deploy it in full commercial operation for
the transport of oilfield equipment over ice roads in Canada’s Arctic and
Alaska. The sales contract will first of all cover one transportation balloon
with a diameter of 61-meters. Heavy Lift Canada has also secured the option to
purchase 25 further CL 75 AC for 10 Million US Dollars each. CargoLifter AG will
buy a 20 per cent stake of Heavy Lift Canada, Inc., in order to profit from the
operations of the “Lighter-than-Air” systems as well.
end of ad-hoc-announcement (c)DGAP 16.03.2002
Issuer’s information/explanatory remarks concerning this ad-hoc-announcement:
“With its capabilities, the CL 75 AC enables drilling companies to extend the
current season for oil and natural gas exploration in remote Northern areas,”
said Karl Bangert, member of the CargoLifter AG Management Board. “CargoLifter
has analyzed this market for over a year – and it offers a huge amount of
potential. However, such projects are feasible in other regions of the world
with similar infrastructure conditions.” Heavy Lift Canada will deploy the CL 75
AC primarily in the Mackenzie River Delta in northern Canada. The ice roads can
only be used by heavy transport vehicles for a few months in the year: Loaded
heavy transport trucks are only permitted to use the ice roads with an ice-
thickness of over 1.2 meters. The CL 75 AC will extend the drilling season
considerably: As the load will be suspended in the air and towed by specialized
ground vehicles to its destination, the impact on the terrain will be reduced
considerably. “This gives the system’s users a big advantage, especially in the
time of global warming. The drilling season is approximately 90 days, and the CL
75 AC will considerably extend this season. The drilling companies can set up
their equipment while being less constrained by external conditions”, said John
Angus, CEO of Heavy Lift Canada, Inc.
——————————————————————————–
WKN: 540261; ISIN: DE0005402614; Index: MDAX
Listed: Amtlicher Handel in Frankfurt; Freiverkehr in Berlin, Bremen,
Düsseldorf, Hamburg, Hannover, München und Stuttgart
161026 Mär 02
Latest News
Latest Reports
No Reports found
Upcoming Events
No Events found
Webcasts
No Webcasts found