Orion Div Stock Price, News & Analysis

Orion Diversified Holding Co (OTC PINK:OODH) announced the acquisition of a 2.5% royalty interest in the Las Animas Gas fields of Colorado, covering 200 acres. This acquisition expands Orion's mineral ownership to 29,361 acres across major US oil and gas regions. Las Animas County is among Colorado's top natural gas-producing areas. This marks Orion's second acquisition in Colorado within four months, with a total of 2,927 acres ready for drilling, including properties in Eagle Ford, Texas.

Orion Diversified Holding Co (OTC PINK:OODH) has completed the acquisition of a royalty interest in the Anadarko Basin, Oklahoma. This includes a 2.04% non-operated working interest in 640 acres currently yielding 50 mcfpd from three vertical wells. With this acquisition, Orion increases its mineral ownership to 29,161 acres across major US oil and gas regions. CEO Tom Lull emphasized that each acquisition boosts revenue streams and highlights the strategic importance of their growing portfolio in the current market.

Orion Diversified Holding Co (OTC PINK:OODH) announced the acquisition of a 1.02% royalty interest in 400 acres in Freestone and Houston County, Texas. This adds to the company's existing mineral ownership of 28,521 acres across major U.S. oil and gas regions, including 15,640 acres in the Permian Basin. In the last six months, Orion has generated over $122,000 in revenue. The management aims to negotiate further royalty deals, enhancing value for shareholders by targeting prime oil and gas fields.

Orion Diversified Holding Co (OTC PINK:OODH) announced the acquisition of a 1.04% royalty interest in 240 acres in the Arkoma Basin, Oklahoma, expanding its mineral ownership to 28,121 acres across major US oil and gas regions. The company has significant assets in the Permian Basin, with plans to perforate three gas wells in Eagle Ford to boost production above 2,000 mcfpd at a low capital expenditure of $50,000. Further acquisitions in Texas are also being negotiated.

Orion Diversified Holding Co (OTC PINK:OODH) has successfully completed the acquisition of a 1.875% royalty interest in a 160-acre property located in the Anadarko Basin, Noble County, Oklahoma. This acquisition adds to Orion's extensive portfolio, which includes over 27,881 acres across various prominent U.S. shale regions. The company reports multiple income streams from its 3 operated wells in the Eagle Ford Shale and 13 non-operated wells in other states. CEO Tom Lull emphasized the growth potential in this proven oil and gas field.

Orion Diversified Holding Co (OTC PINK:OODH) has successfully completed a royalty interest acquisition of 6,360 acres in the Permian Basin, enhancing its mineral ownership to 15,640 acres in prime oil-producing areas. The properties yield approximately 35 barrels of oil and 10 mcfgpd daily. Anticipated revenues are projected to reach $100,000 in Q3 2022, driven by multiple income streams from existing wells. Management indicates ongoing negotiations for more operated properties, highlighting potential revenue growth as new wells are permitted for drilling.

Orion Diversified Holding Co (OTC PINK:OODH) announced the acquisition of a 0.00175% royalty interest in Yoakum County, Texas, encompassing 640 acres with current production of 416 bopd and 93 mcgpd. This property is operated by White Rock Oil & Gas LLC. The company holds mineral interests across more than 21,361 acres in various U.S. shale basins, with over 3200 acres operated at 70% NRI. The Yoakum acquisition is projected to yield over $1 million in monthly revenue.

Orion Diversified Holding Co (OTC PINK:OODH) has successfully completed two acquisitions totaling 480 acres, enhancing its royalty interests to 21,041 acres across key US oil and gas regions. The company now operates over 3,200 acres with a net revenue interest of over 70% in the Eagle Ford and Permian Basin. CEO Tom Lull noted that these royalty acquisitions will help generate significant income without direct operational costs, projecting revenues of $40,000 for July 2022.

Orion Diversified Holding Co (OTC PINK:OODH) has closed an acquisition of a 0.625% royalty interest on 320 acres in Converse County, Wyoming. This adds to their extensive portfolio, which includes interests in over 20,561 acres across major U.S. shale regions. CEO Tom Lull highlighted increasing drilling activity, particularly in the Permian Basin, with significant future plans for the Powder River Basin, including 5000 wells in the next five years. The company continues to focus on maximizing its operational interests in premier oil and gas areas.