Orion Announces Oklahoma Scoop Stack Royalty Acquisitions
Orion Diversified Holding Co Inc. (OTC PINK:OODH) has announced the acquisition of a 0.625% royalty interest on 160 acres in Logan County, Oklahoma's Scoop Stack region. The company also holds a 6.07% non-operating working interest and 0.12% override royalty interest from a December 2024 deal, involving 23 wells producing 2,059 mcfpd and 67 boepd.
The company expects revenue from two horizontal wells in Kingfisher County by late May 2025 and another from a 2½ mile horizontal well in Grady County by late June 2025. Orion reported revenues exceeding $20,000 in April 2025 from royalties and non-operating interests outside Oklahoma. The company now owns 53,160 mineral acres across major U.S. basins, including the Bakken, Permian, Piceance, Arkoma, Eagle Ford, and Scoop Stack.
Orion Diversified Holding Co Inc. (OTC PINK:OODH) ha annunciato l'acquisizione di un interesse di royalty dello 0,625% su 160 acri nella regione Scoop Stack della contea di Logan, Oklahoma. La società detiene inoltre un interesse operativo non attivo del 6,07% e un interesse di royalty override dello 0,12% da un accordo di dicembre 2024, che coinvolge 23 pozzi con una produzione di 2.059 mcfpd e 67 boepd.
L'azienda prevede entrate da due pozzi orizzontali nella contea di Kingfisher entro la fine di maggio 2025 e un altro da un pozzo orizzontale di 2½ miglia nella contea di Grady entro la fine di giugno 2025. Orion ha riportato ricavi superiori a 20.000 dollari nell'aprile 2025 provenienti da royalty e interessi non operativi al di fuori dell'Oklahoma. Attualmente la società possiede 53.160 acri minerari distribuiti tra i principali bacini degli Stati Uniti, tra cui Bakken, Permian, Piceance, Arkoma, Eagle Ford e Scoop Stack.
Orion Diversified Holding Co Inc. (OTC PINK:OODH) ha anunciado la adquisición de un interés de regalías del 0,625% sobre 160 acres en la región Scoop Stack del condado de Logan, Oklahoma. La compañía también posee un interés de trabajo no operativo del 6,07% y un interés de regalías override del 0,12% derivado de un acuerdo de diciembre de 2024, que involucra 23 pozos que producen 2,059 mcfpd y 67 boepd.
La empresa espera ingresos de dos pozos horizontales en el condado de Kingfisher para finales de mayo de 2025 y otro de un pozo horizontal de 2½ millas en el condado de Grady para finales de junio de 2025. Orion reportó ingresos superiores a $20,000 en abril de 2025 provenientes de regalías e intereses no operativos fuera de Oklahoma. Actualmente, la compañía posee 53,160 acres minerales en las principales cuencas de EE. UU., incluyendo Bakken, Permian, Piceance, Arkoma, Eagle Ford y Scoop Stack.
Orion Diversified Holding Co Inc. (OTC PINK:OODH)는 오클라호마주 로건 카운티의 스쿱 스택 지역 160에이커에 대해 0.625% 로열티 지분을 인수했다고 발표했습니다. 이 회사는 또한 2024년 12월 계약에서 6.07% 비운영 작업 지분과 0.12% 오버라이드 로열티 지분을 보유하고 있으며, 이 계약에는 하루 2,059 mcf와 67 boepd를 생산하는 23개의 유정이 포함되어 있습니다.
회사는 2025년 5월 말까지 킹피셔 카운티의 두 개의 수평 유정에서 수익을 기대하며, 2025년 6월 말까지 그레이디 카운티의 2½마일 수평 유정에서도 추가 수익을 예상하고 있습니다. 오리온은 오클라호마 외 지역에서의 로열티 및 비운영 지분으로 2025년 4월에 20,000달러 이상의 수익을 보고했습니다. 현재 회사는 베이컨, 퍼미안, 파이언스, 아코마, 이글 포드, 스쿱 스택 등 미국 주요 분지에 걸쳐 53,160 광물 에이커를 소유하고 있습니다.
Orion Diversified Holding Co Inc. (OTC PINK:OODH) a annoncé l'acquisition d'un intérêt de redevance de 0,625 % sur 160 acres dans la région Scoop Stack du comté de Logan, Oklahoma. La société détient également un intérêt de travail non opérationnel de 6,07 % et un intérêt de redevance de dépassement de 0,12 % issu d'un accord de décembre 2024, impliquant 23 puits produisant 2 059 mcfpd et 67 boepd.
L'entreprise prévoit des revenus provenant de deux puits horizontaux dans le comté de Kingfisher d'ici fin mai 2025, ainsi qu'un autre provenant d'un puits horizontal de 2½ miles dans le comté de Grady d'ici fin juin 2025. Orion a déclaré des revenus dépassant 20 000 $ en avril 2025 provenant des redevances et des intérêts non opérationnels en dehors de l'Oklahoma. La société possède désormais 53 160 acres minéraux répartis dans les principaux bassins des États-Unis, notamment Bakken, Permian, Piceance, Arkoma, Eagle Ford et Scoop Stack.
Orion Diversified Holding Co Inc. (OTC PINK:OODH) hat den Erwerb eines 0,625%igen Lizenzzinsanteils an 160 Acres in der Scoop Stack Region des Logan County, Oklahoma, bekannt gegeben. Das Unternehmen hält außerdem einen nicht-operativen Arbeitsanteil von 6,07% und einen Override-Lizenzzins von 0,12% aus einem Deal vom Dezember 2024, der 23 Brunnen umfasst, die 2.059 mcfpd und 67 boepd produzieren.
Das Unternehmen erwartet Einnahmen aus zwei Horizontalbohrungen im Kingfisher County bis Ende Mai 2025 und eine weitere von einem 2½ Meilen langen Horizontalbohrloch im Grady County bis Ende Juni 2025. Orion meldete Einnahmen von über 20.000 USD im April 2025 aus Lizenzgebühren und nicht-operativen Anteilen außerhalb von Oklahoma. Das Unternehmen besitzt nun 53.160 Mineral-Acres in wichtigen US-Becken, darunter Bakken, Permian, Piceance, Arkoma, Eagle Ford und Scoop Stack.
- New royalty acquisition in Oklahoma's Scoop Stack region expands portfolio
- Revenue of over $20,000 in April 2025 from existing operations
- Imminent revenue expected from three new horizontal wells
- Diversified portfolio across 53,160 mineral acres in major U.S. basins
- 23 producing wells generating 2,059 mcfpd & 67 boepd
- Small royalty interest percentages (0.625% royalty, 0.12% override)
- Relatively modest monthly revenue of $20,000 indicates small-scale operations
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
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, Hanna Oil, Unit Corp, Utah Gas, 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 interests did OODH acquire in Oklahoma's Scoop Stack?
How much revenue did Orion Diversified generate in April 2025?
How many mineral acres does OODH currently own?
What is the production rate of OODH's new wells in Oklahoma?
When will OODH start receiving revenue from its new Oklahoma wells?
