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Orion Diversified Holding OODH
(Total Views: 43)
Posted On: 05/23/2025 12:06:12 PM
Post# of 1036
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Posted By: louied91
$OODH Orion Announces Oklahoma Scoop Stack Royalty Acquisitions

https://www.accessnewswire.com/newsroom/en/me...ns-1030938

CARSON CITY, NV / ACCESS Newswire / May 22, 2025 / Orion Diversified Holding Co Inc. (OTC PINK:OODH)("Orion" , a revenue generating diversified company, announced today that it has closed on another royalty acquisition in the Scoop Stack of Logan County Oklahoma .

OKLAHOMA SCOOP STACK

0.625% royalty on 160 acres in Logan County Oklahoma.

23 Wells 2,059 mcfpd & 67 boepd 6.07% non-op working interest & .12% override royalty interest closed on 12/11/2024.

FOUNDERS COMMENTS

"We now have 3-2 ½ mile horizontal wells drilled on our royalty acreage in the Scoop Stack of Oklahoma. We anticipate revenue checks from 2 of these horizontal wells in Kingfisher County Oklahoma will start to pay in late May 2025. We anticipate revenue from the 2 ½ mile horizontal well recently drilled in Grady County Oklahoma will pay in late June 2025. Orion has more than 1,000 royalty acres in the Scoop Stack area surrounding Oklahoma City." Commented Tom Lull, CEO of Orion. Orion's revenues exceeded $20,000 in the month of April 2025 from our royalties and non op working interest outside of Oklahoma. Orion now owns 53,160 mineral acres in the Bakken, Permian Basin, Piceance Basin, Arkoma Basin, Eagle Ford, and Scoop Stack of Oklahoma. "













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