Orion Announces Royalty Acquisitions in Oklahoma
Orion Diversified Holding Co Inc. (OTC:OODH) has announced the acquisition of a 0.3125% royalty interest in Grady County, Oklahoma. The company revealed that Continental Resources has drilled a 2.5-mile horizontal well on their Grady County Scoop Stack royalty acreage, with another well permitted for drilling. Additionally, two 2.5-mile horizontal wells were recently drilled on Orion's Kingfisher County Oklahoma acreage, with first revenue disbursements expected in May 2025.
The company reported that revenues from non-operated properties exceeded $20,000 in April 2025. Orion currently owns 53,160 mineral acres across multiple basins, including the Bakken, Permian Basin, Piceance Basin, Eagle Ford, and Scoop Stack of Oklahoma.
Orion Diversified Holding Co Inc. (OTC:OODH) ha annunciato l'acquisizione di un interesse di royalty dello 0,3125% nella contea di Grady, Oklahoma. La società ha rivelato che Continental Resources ha trivellato un pozzo orizzontale di 2,5 miglia nel loro terreno di royalty Grady County Scoop Stack, con un altro pozzo autorizzato per la perforazione. Inoltre, sono stati recentemente trivellati due pozzi orizzontali di 2,5 miglia nel terreno di Orion nella contea di Kingfisher, Oklahoma, con i primi pagamenti di ricavi previsti per maggio 2025.
La società ha riportato che i ricavi da proprietà non operative hanno superato i 20.000 dollari nell'aprile 2025. Attualmente Orion possiede 53.160 acri minerari distribuiti su diversi bacini, tra cui Bakken, Permian Basin, Piceance Basin, Eagle Ford e Scoop Stack dell'Oklahoma.
Orion Diversified Holding Co Inc. (OTC:OODH) ha anunciado la adquisición de un interés de regalías del 0,3125% en el condado de Grady, Oklahoma. La compañía informó que Continental Resources ha perforado un pozo horizontal de 2.5 millas en sus terrenos de regalías Grady County Scoop Stack, y que otro pozo tiene permiso para ser perforado. Además, recientemente se perforaron dos pozos horizontales de 2.5 millas en las tierras de Orion en el condado de Kingfisher, Oklahoma, con los primeros pagos de ingresos esperados para mayo de 2025.
La empresa reportó que los ingresos de propiedades no operadas superaron los $20,000 en abril de 2025. Actualmente, Orion posee 53,160 acres minerales en múltiples cuencas, incluyendo Bakken, Permian Basin, Piceance Basin, Eagle Ford y Scoop Stack de Oklahoma.
Orion Diversified Holding Co Inc. (OTC:OODH)는 오클라호마 그레이디 카운티에서 0.3125%의 로열티 지분을 인수했다고 발표했습니다. 회사는 Continental Resources가 그레이디 카운티 스쿱 스택 로열티 지역에 2.5마일 길이의 수평 우물을 시추했으며, 추가로 하나의 우물 시추 허가가 승인되었다고 밝혔습니다. 또한, 최근 오리온의 오클라호마 킹피셔 카운티 지역에서 2.5마일 길이의 수평 우물 두 개가 시추되었으며, 첫 수익 배분은 2025년 5월에 예상됩니다.
회사는 2025년 4월 비운영 자산에서 발생한 수익이 2만 달러를 초과했다고 보고했습니다. 현재 오리온은 바켄, 퍼미안 분지, 파이언스 분지, 이글 포드, 오클라호마 스쿱 스택 등 여러 분지에 걸쳐 53,160 광업 에이커를 보유하고 있습니다.
Orion Diversified Holding Co Inc. (OTC:OODH) a annoncé l'acquisition d'un intérêt de redevance de 0,3125 % dans le comté de Grady, Oklahoma. La société a révélé que Continental Resources a foré un puits horizontal de 2,5 miles sur leurs terrains de redevance Grady County Scoop Stack, et un autre puits a été autorisé pour le forage. De plus, deux puits horizontaux de 2,5 miles ont récemment été forés sur les terrains d'Orion dans le comté de Kingfisher, Oklahoma, avec les premiers paiements de revenus attendus en mai 2025.
La société a indiqué que les revenus provenant de propriétés non exploitées ont dépassé 20 000 $ en avril 2025. Orion possède actuellement 53 160 acres minéraux répartis sur plusieurs bassins, notamment Bakken, Permian Basin, Piceance Basin, Eagle Ford et Scoop Stack de l'Oklahoma.
Orion Diversified Holding Co Inc. (OTC:OODH) hat den Erwerb eines 0,3125%igen Lizenzzinsanteils im Grady County, Oklahoma, bekannt gegeben. Das Unternehmen teilte mit, dass Continental Resources eine 2,5 Meilen lange horizontale Bohrung auf ihrem Grady County Scoop Stack Lizenzgebiet durchgeführt hat, und eine weitere Bohrung genehmigt wurde. Außerdem wurden kürzlich zwei 2,5 Meilen lange horizontale Bohrungen auf Orions Grundstücken im Kingfisher County, Oklahoma, durchgeführt, wobei die ersten Einnahmeauszahlungen für Mai 2025 erwartet werden.
Das Unternehmen berichtete, dass die Einnahmen aus nicht betriebenen Grundstücken im April 2025 20.000 US-Dollar überstiegen. Orion besitzt derzeit 53.160 Mineral Acres in mehreren Becken, darunter Bakken, Permian Basin, Piceance Basin, Eagle Ford und Scoop Stack in Oklahoma.
- New 0.3125% royalty acquisition in Grady County Oklahoma
- Continental Resources has drilled a 2.5-mile horizontal well with another well permitted
- First revenue disbursements expected from Kingfisher royalty in May 2025
- Non-operated properties generated over $20,000 in revenue in April 2025
- Substantial mineral rights portfolio of 53,160 acres across major U.S. basins
- None.
CARSON CITY, NV / ACCESS Newswire / May 14, 2025 / Orion Diversified Holding Co Inc. (OTC PINK:OODH, "Orion"), a revenue generating diversified company, announced today that it has closed on a royalty acquisitions.
OKLAHOMA
0.3125% royalty in Grady County Oklahoma
FOUNDERS COMMENTS
"We were recently notified that Continental Resources has drilled a 2 ½ mile horizontal well on our Grady County Scoop Stack royalty acreage. Another well has been permitted to be drilled on this 160-acre Grady County Oklahoma royalty acreage." Commented Tom Lull, CEO of Orion. We recently had 2- 2 ½ mile horizontal wells drilled on our Kingfisher County Oklahoma acreage, and Orion is expecting its first revenue disbursements from our Kingfisher royalty in the month of May 2025. Revenues from our non-operated properties exceeded
ABOUT ORION DIVERSIFIED HOLDING CO INC.
Orion Diversified Holding Co Inc. is a holding company with a primary strategy of investing in operated majority working interest, non-operated working interest, royalty, and mineral interests in producing oil & gas properties, with a core area of focus in the premier basins within the United States. Orion receives monthly income from 53,160 mineral acres and receives income from Chevron, Conoco Phillips, Apache, Occidental Petroleum, EOG Resources, Mewbourne Oil, Merit Energy, Hilcorp Oil, Kraken Oil, DCP, Raybaw Operating, and many others. More information about Orion Diversified Holding Co Inc. can be found at www.orionenergyco.com.
CONTACT:
Orion Diversified Holding Co Inc.
Thomas Lull, President
tom@orionenergyco.com
Phone: 760-889-3435
www.x.com/TomLull1
lull_tom@yahoo.com
SAFE HARBOR STATEMENT
This press release may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to anticipated revenues, expenses, earnings, operating cash flows, the outlook for markets, and the demand for products. Forward-looking statements are no guarantees of future performance and are inherently subject to uncertainties and other factors which could cause actual results to differ materially from the forward-looking statements. Such statements are based upon, among other things, assumptions made by, and information currently available to, management, including management's own knowledge and assessment of the Company's industry and competition. The Company assumes no duty to update its forward-looking statements.
SOURCE: Orion Diversified Holding Co Inc.
View the original press release on ACCESS Newswire
FAQ
What royalty interest did OODH acquire in Grady County, Oklahoma?
How much revenue did OODH generate from non-operated properties in April 2025?
How many mineral acres does OODH currently own?
When does OODH expect to receive first revenue from its Kingfisher County Oklahoma royalty?
