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Change in leadership at Wintershall DeutschlandJoachim Pünnel new Director of the Barnstorf oil production site since 1 September 2010 / predecessor Bernd Schrimpf moves to Norwegian Wintershall subsidiary as MD

Kassel/Barnstorf. The Wintershall oil production facility in Barnstorf has a new man at the helm as of 1 September 2010. Joachim Pünnel (50) has taken over from Bernd Schrimpf, who is moving to Stavanger (Norway) in his new role as Managing Director of Wintershall Norge ASA.

As Director of the Barnstorf oil production site, Pünnel will be responsible for the entire onshore and offshore production of crude oil and natural gas for the Wintershall operations in Germany. Previously, Pünnel was in charge of the operations department at Barnstorf from 2007.

The mining engineer, who qualified in Petroleum Engineering in Clausthal- Zellerfeld, has been working for Wintershall since 2002; he began at the Group headquarters in Kassel, and has been located at the Barnstorf site of Wintershall Deutschland since 2007. Before that he worked as an engineer in Syria, the Netherlands and the UK. Pünnel comes from Duisburg and is married with three children.

Current press photos and a résumé of Joachim Pünnel are attached.

Wintershall Holding GmbH, based in Kassel, Germany, is a wholly-owned subsidiary of BASF in Ludwigshafen. The company has been active in the exploration and production of crude oil and natural gas for over 75 years. Wintershall focuses on selected core regions where the company has built up a high level of regional and technological expertise. These are Europe, North Africa, South America, as well as Russia and the Caspian Sea region. The company employs more than 2,000 staff from 35 nations and today is Germany’s largest crude oil and natural gas producer. With the subsidiaries it operates jointly with Russia’s Gazprom, WINGAS and WINGAS TRANSPORT, the BASF subsidiary is also an important gas supplier on the German and European market.

Contact: Verena Sattel

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