$AZRH Azure Holding Group Completes Acquisition Between Vision Oil and Gas and LDF Energy, Bringing Total Producing and Shut-In Well Count to 1,062 Oil Wells or 0.87% of the Total Well Count in the Tier 1, Tier 2 & Tier 3 West Texas Permian Basin

Rhea-AI Summary

Azure Holding Group (AZRH) completed an all-stock acquisition of LDF Energy for $4.0M on December 10, 2025, adding 135 active wellbores in Winkler County, a fully rebuilt workover rig, and >50 BOEPD.

The deal is the company's 10th operator buyout since its merger with Vision Oil And Gas on June 5, 2025, and raises Azure's total producing and shut-in well count to 1,062 oil wells (about 0.87% of the Tier 1–3 West Texas Permian Basin). The company added a second workover rig and reaffirmed targets of 1,000 bbl/day production and a NYSE uplist by October 31, 2026.

Positive

• 135 active wellbores added in Winkler County
• Transaction valued at $4.0M (all-stock)
• Adds a fully rebuilt workover rig (second rig)
• Total producing+shut-in wells increased to 1,062 (0.87% of basin)
• Reaffirmed 1,000 bbl/day production target by 10/31/2026 and NYSE uplist

Negative

• Only 50 workovers completed in past 5 months since return-to-production

News Market Reaction

+1.25%

1 alert

+1.25% News Effect

On the day this news was published, AZRH gained 1.25%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Acquisition value: $4.0M New wellbores acquired: 135 active wellbores Added production: Over 50 BOE/day +5 more

8 metrics

Acquisition value $4.0M All-stock transaction for LDF Energy assets

New wellbores acquired 135 active wellbores LDF Energy assets in Winkler County

Added production Over 50 BOE/day Production from acquired LDF Energy wells

Total well count 1,062 oil wells Combined producing and shut-in wells post-acquisition

Permian share 0.87% of wells Share of total Tier 1–3 West Texas Permian Basin wells

Workovers completed 50 workovers Completed in past 5 months post-merger

Production target 1,000 barrels/day Company goal by October 31, 2026

Operator buyouts 10th buyout in 2025 Number of operator acquisitions in Permian Basin this year

Market Reality Check

Price: $0.4500 Vol: Volume 20,251 is below 20...

normal vol

$0.4500 Last Close

Volume Volume 20,251 is below 20-day average of 26,518 ahead of this acquisition news. normal

Technical Price $1.69 is trading above 200-day MA of $0.56, indicating a pre-existing uptrend.

Peers on Argus

AZRH was up 1.25% pre‑news, while key peers ELLH (-4.41%), NVAC (-37.66%), and B...

AZRH was up 1.25% pre‑news, while key peers ELLH (-4.41%), NVAC (-37.66%), and BRZH (-55.83%) were down, with HLLK and ACBD flat, pointing to stock-specific dynamics rather than a sector move.

Historical Context

5 past events · Latest: Oct 23 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Oct 23	Permian acquisition	Positive	-5.4%	All-stock $8.0M acquisition of 144 wells across 4,083 Permian acres.
Sep 15	Reserve estimates	Positive	+15.3%	Preliminary estimate of $2.0B recoverable Devonian oil reserves in Cochran assets.
Sep 05	Share reduction	Positive	+26.5%	Cancellation of 15.6M restricted shares, a 28% reduction in shares outstanding.
Aug 26	Capital program	Positive	+26.3%	Updated production targets to 1,000 barrels/day by end-2026 with revenue projections.
Jun 11	Vision merger	Positive	+5.9%	Merger with Vision Oil and Gas adding 404 wells and 26,000 acres in Permian/South Texas.

Pattern Detected

Most prior positive news, including acquisitions and strategic updates, coincided with positive price reactions, with only one notable divergence on an earlier acquisition.

Recent Company History

Over the last six months, Azure/Vision has transformed into a later-life Permian operator through mergers and acquisitions, adding hundreds of wells and targeting 1,000 barrels/day by end-2026. Key milestones included the June 404‑well merger, an October acquisition of 144 wells for $8.0M, and a large share cancellation cutting outstanding shares by 28%. Capital program guidance and Devonian reserve estimates further framed a growth strategy that today’s acquisition, bringing total wells to 1,062, continues.

Market Pulse Summary

This announcement extends Azure/Vision’s consolidation strategy by acquiring LDF Energy in an all‑st...

Analysis

This announcement extends Azure/Vision’s consolidation strategy by acquiring LDF Energy in an all‑stock $4.0M deal, adding 135 active wellbores and taking the portfolio to 1,062 wells, or 0.87% of the West Texas Permian Basin well count. The company reaffirmed its goal of 1,000 barrels/day and NYSE uplisting by October 31, 2026. In light of prior acquisitions and ambitious capital plans, investors may watch actual production gains and workover activity versus these targets.

Key Terms

all stock transaction, barrels of oil equivalent per day, workover rig, shut-in

4 terms

all stock transaction financial

"in an all stock transaction valued at $4.0M."

An all stock transaction is a deal in which a company pays for an acquisition or merger entirely with its own shares rather than cash, so the seller receives stock in the buyer instead of money. For investors this matters because it changes who owns what — existing shareholders may be diluted as more shares are issued, and the combined company's value and future earnings per share depend on how markets view the new ownership mix, similar to trading cash for part-ownership in a business.

barrels of oil equivalent per day technical

"over 50 Barrels of Oil Equivalent Per Day, and a Powerhouse"

Barrels of oil equivalent per day (BOE/d) is a measurement that combines different types of energy production—such as oil, natural gas, and other fuels—into a single number to show how much energy is being produced or consumed daily. It helps investors understand the total energy output or intake of a company or region in a consistent way, making it easier to compare energy sources and gauge overall performance or capacity.

workover rig technical

"a fully rebuilt workover rig, over 50 Barrels"

A workover rig is a mobile drilling platform and crew used to service, repair, or upgrade an existing oil or gas well—think of it as a specialized repair crew and toolbox for a well’s equipment and performance. It matters to investors because workovers can restore or boost production, extend the life of a well, and change operating costs or downtime; those effects directly influence revenue, reserves and the timing of cash flow.

shut-in technical

"200 shut-in candidates, Winkler County, with 178 actively"

A shut-in is a temporary suspension of production at an oil, gas or mining site or other industrial facility while the underlying equipment and reserves are preserved for restart. Investors care because it cuts near-term revenue and alters supply expectations—like turning off a faucet while leaving the plumbing intact—so a quick restart can restore cash flow, but extended shut-ins can change reserve valuations and influence market prices.

AI-generated analysis. Not financial advice.

MIDLAND, TEXAS / ACCESS Newswire / December 10, 2025 / Today, Vision Oil And Gas, one of the fastest growing Oil & Gas producers in the Permian Basin, announced it's acquisition of LDF ENERGY, bringing into the company another 135 active wellbores in Winkler County, a fully rebuilt workover rig, over 50 Barrels of Oil Equivalent Per Day, and a Powerhouse Foreman form Kermit - Dwayne Forga in an all stock transaction valued at $4.0M.

This transaction marks the 10th Operator buyout in the Permian Basin for Azure Holding Group this year, and since June 5, 2025 when the company announced it's merger with Vision Oil And Gas.

The company's largest concentration of oil and gas well lie in Cochran County, with 128 actively producing wellbores, and 200 shut-in candidates, Winkler County, with 178 actively producing wells, and 78 shut-in candidates, Crane County with 97 active producers and 34 shut-in candidates, Ward County with 45 active producers and 50 shut-in candidates, Pecos County with 25 active producers and 50 shut-in candidates, Ector County with 6 active producers and 24 shut-in candidates, and Midland County with 12 active producers. (NOTE - that the company has only completed 50 workovers in the past 5 months since it's return to production activities commenced after the merger with Vision Oil And Gas).

This transaction now brings the company's total Producing and Shut-in well count total up to 1,062 oil wells, or 0.87% of the total well count in the TIER 1, TIER 2 & TIER 3 WEST TEXAS PERMIAN BASIN.

Additionally, with the addition of this second workover rig, the company will be able to make real progress towards it's goal of internalizing high cost, mission critical services like workover ringwork, construction, and roustabout work.

The company reaffirms it's production goal target of 1,000 barrels of oil per day by October 31, 2026, as well as it's uplist to the New York Stock Exchange (and eventually a dual list on the Texas Stock Exchange once the liquidity has matured) by October 31, 2026.

"We did it. We assembled the best pureplay later life Permian Basin Operator. Now it is time to show the world what kind of ROCK we just acquired, and what our team is truly capable of. When I purchased Cochran together with my Son RJ, the day before we closed, he and I both had Vision. It is incredible to see our Vision, turn into our whole organization's reality," said Rodolfo Tijerina.

"I'm after 3 things. Number 1 - to build the greatest team to hit the Permian Basin since Diamondback, or Endeavor, Sabinal or Crownrock were getting started. Number 2 - to create incredible shareholder value for our stakeholders. Number 3 - to lower the cost of energy for Americans, nationwide. Together with God, there is nothing that can hold this back from this team accomplishing what we set out to do," said Joshua A. Cohen.

For further information, please visit the companies website at www.oilfieldservices.ai or reach out to Josh Cohen at (917) 584-7042 or by email at jcohen@visionoilandgas.com.

About Azure Holding Group
Azure Holding Group Corp. is an acquisition corporation focused on Oil Field Services, Oil Field Construction, and Oil & Gas Exploration & Production. The Company is currently evaluating further mergers and acquisitions, outside of its capital program to enable organic growth.

SOURCE: Azure Holding Group Corp.

View the original press release on ACCESS Newswire

FAQ

What did Azure Holding Group (AZRH) acquire on December 10, 2025?

Azure completed an all-stock acquisition of LDF Energy for $4.0M, adding 135 wellbores, a rebuilt workover rig, and >50 BOEPD.

How many total wells does AZRH have after the LDF Energy acquisition?

The acquisition brings Azure's total producing and shut-in well count to 1,062 oil wells, or 0.87% of the Tier 1–3 West Texas Permian Basin.

What production and listing targets did AZRH reaffirm on December 10, 2025?

Azure reaffirmed a target of 1,000 barrels of oil per day and an intended NYSE uplist by October 31, 2026.

What operational capability did AZRH add with the acquisition?

The company added a second workover rig, enabling further internalization of workover and field services.

How much production did the acquired assets add to AZRH?

The acquired LDF Energy assets add just over 50 BOEPD.

How many operator buyouts has Azure completed since its June 5, 2025 merger with Vision Oil and Gas?

This deal is Azure's 10th operator buyout in the Permian Basin since the merger.