$OODH Orion Acquires Assets in Louisiana https:
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Posted On: 06/12/2025 12:11:24 PM
$OODH Orion Acquires Assets in Louisiana
https://www.accessnewswire.com/newsroom/en/me...na-1038674
CARSON CITY, NV / ACCESS Newswire / June 12, 2025 / Orion Diversified Holding Co Inc. (OTC PINK:OODH)("Orion"
, a revenue generating diversified company, announced today that it has closed on a royalty and non-operated working interest in Louisiana.
LOUISIANA
3.0% non-op working interest & a .024% royalty interest in 27 wells producing 1,740 mcfpd located in Jackson County Louisiana.
TOM LULL COMMENTS
"This recent acquisition should add significant revenue and continues to expand our footprint in great producing oil and gas regions. This is our first entry into the Louisiana oil and gas Haynesville Shale field. Louisiana ranks third in the nation for natural gas production and this property fits into Orion's strategic growth strategy. " Commented Tom Lull, CEO of Orion. The demand for natural gas is increasing with AI data centers and LNG exports. Orion owns properties and mineral interest from the Bakken Shale of North Dakota to the Haynesville Shale of Louisiana. Orion now owns 53,320 mineral acres in the Bakken, Permian Basin, Piceance Basin, Arkoma Basin, Eagle Ford, Haynesville Shale, and Scoop Stack of Oklahoma. "
https://www.accessnewswire.com/newsroom/en/me...na-1038674
CARSON CITY, NV / ACCESS Newswire / June 12, 2025 / Orion Diversified Holding Co Inc. (OTC PINK:OODH)("Orion"
, a revenue generating diversified company, announced today that it has closed on a royalty and non-operated working interest in Louisiana. LOUISIANA
3.0% non-op working interest & a .024% royalty interest in 27 wells producing 1,740 mcfpd located in Jackson County Louisiana.
TOM LULL COMMENTS
"This recent acquisition should add significant revenue and continues to expand our footprint in great producing oil and gas regions. This is our first entry into the Louisiana oil and gas Haynesville Shale field. Louisiana ranks third in the nation for natural gas production and this property fits into Orion's strategic growth strategy. " Commented Tom Lull, CEO of Orion. The demand for natural gas is increasing with AI data centers and LNG exports. Orion owns properties and mineral interest from the Bakken Shale of North Dakota to the Haynesville Shale of Louisiana. Orion now owns 53,320 mineral acres in the Bakken, Permian Basin, Piceance Basin, Arkoma Basin, Eagle Ford, Haynesville Shale, and Scoop Stack of Oklahoma. "
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