RDG GmbH & Co. KG is an independent company under the umbrella of Petroleum Equity, a private equity investor in the oil and gas segment. In 2017, in the course of a strategic consolidation process, the long-established company RAG Austria AG decided to concentrate the focus of its activities on Austria and relinquish its holding in RDG. As a consequence of this, the spin-off of RDG from RAG and the full transfer of the company to the former partner Petroleum Equity (PE) took place with effect from 1 January 2018.
The operative segment is the responsibility of RDG GmbH & Co. KG. Close links are maintained to RDG E&P GmbH, which is responsible for all technical operations. The managing directors of RDG E&P are Felix Lerch and Michael Lynch.