Company History

Benchmarks of the history of Bayerngas

1962:
Foundation of Bayerische Ferngasgesellschaft mbH - Bayerngas by the cities of Munich and Augsburg.

1964:
Expansion of the list of shareholders to include the city of Regensburg.

1968:
Expansion of the list of shareholders to include the city of Landshut.

1970:
Ingolstadt becomes a shareholder in Bayerngas.

2001:
Bayerngas becomes partner of ARGEMUC, the hydrogen project at Munich Airport.

6/2003:
Foundation of Tradingfloor actogas GmbH.

7/2003:
Foundation of bayernSERVICES GmbH.

2003:
Departure of Ruhrgas and E.ON as shareholders.

3/2005:
Expansion of the list of shareholders to include SWU Stadtwerke Ulm/Neu-Ulm GmbH and TIGAS-Erdgas Tirol GmbH.

GW 2005/06:
Implementation of portfolio management for gas.

3/2006:
Foundation of Bayerngas Norge AS, Oslo.

7/2006:
Foundation of novogate GmbH.

7/2006:
Acquisition of interests in the FRAM B/Vega South gas field through Bayerngas Norge.

10/2006:
Bayerngas networks assumes role of network operator for the entire sales territory.

1/2007:
Foundation of the network operator bayernets GmbH.

3/2007:
Acquisition of interests in the Sigrid gas field through Bayerngas Norge.

6/2007:
Bayerngas Norge pre-qualifies for natural-gas-gathering in Norway.

7/2007:
Acquisition of interests in the Trym gas discovery in the Norwegian North Sea.

2/2008:
Bayerngas Norge has formally confirmed acceptance of the offer from the Ministry of Petroleum and Energy for a 50% participation in Production License 470 (“PL470”). The main prospect has been named “Caerus”.

4/2008:
First exploration well with participation from Bayerngas Norge (PL263/ prospect „Natalia“).

7/2008:
Bayerngas Norge has acquired 15% interests in the Hejre license.

11/2008:
Bayerngas Norge founds subsidiary company Bayerngas Danmark ApS.

11/2008:
Bayerngas GmbH and RAG (Rohöl-Aufsuchungs AG), Austria, sign a contract to the jointly search for natural gas in Bavaria.

01/2009:
Bayerngas Norge has acquired PA Resource Norway AS – start of the own production.

01/2009:
Südtiroler Elektrizitätswerke AG becomes a shareholder in novogate GmbH.

05/2009:
Bayerngas Norge takes over the StatoilHydro offshore licenses in Denmark and increases stake in Hejre discovery to 40%.

06/2009:
The Ministry of Petroleum and Energy approved Bayerngas Norge as operator on the Norwegian Continental Shelf

06/2009:
Bayerngas Norge takes over 10% from ConocoPhillips Skandinavia AS Explorations-licenses on PL 331 (Prospect „Megalodon“) and 30% on PL 404 in the Norwegian North Sea.

09/2009:
Bayerngas Norge has taken over Genesis Petroleum Corporation PLC (Westerham) and starts therewith their exploration business on the British continental shelf.

10/2009:
Bayerngas Norge takes over 20% from Lundin Petroleum Explorations-licenses on PL 409 (on the Norwegian Continental Shelf).

10/2009:
Bayerngas increases its shares in the natural gas trading company actogas from 60% to 100%. Acquisition is subject to acceptance of the monopolies commission.

11/2009:
Bayerngas extended underground storage Wolfersberg from 320 million m³ to 365 million m³.

01/2010:
Bayerngas Norge has formally confirmed acceptance of the offer from the Ministry of Petroleum and Energy for participations in 6 Exploration Licenses on the Norwegian continental shelf.

03/2010:
Bayerngas Norge takes on additional shareholder. New distribution of shares: 31.5% Bayerngas/ 31.31% Stadtwerke München GmbH/ 30.11% SWM Gasbeteiligungs GmbH & Co. KG/ 3.75% TIGAS-Erdgas Tirol/ 3.33% Swissgas