On 1 July 2019, Geo Exploration Technologies GmbH was granted the Thielbeer exploration contract in the east-central part of Germany. The contract, granted for a five-year term, is valid until 30 June 2024.  The 172 sq km Thielbeer permit is located approximately 100 km northwest of the capital city of Berlin, within the Sachsen-Anhalt political province. In a geological term, the block is located within the Brandenburg Sub-basin, tectonic unit of the Northeast German-Polish Basin.  The area is located to the east of the Salzwedel-Peckensen group of fields (alternatively known as the Altmark field).  Geo Exploration Technologies is a geophysical and exploration service company, providing state-of-the-art geophysical methods (e.g. seismo-electromagnetic, 3D imaging) for detection of oil and gas reservoirs. It is unclear if the Thielbeer block was secured to test the technology, or to perform the exploration and production operations.  The Thielbeer application was lodged with the authorities on 9 August 2017.
Geo Exploration Technologies secured sole explo rights to the Thielbeer (172kmÂ²) block NW of Berlin in Sachsen-Anhalt. 