May. 23 at 3:24 PM
$OODH News: More Royalty Assets Acquired:
CARSON CITY, NV / ACCESS Newswire / May 22, 2025 / Orion Diversified Holding Co Inc.
Tom Lull, CEO: "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. "
https://www.accessnewswire.com/newsroom/en/orion-announces-oklahoma-scoop-stack-royalty-acquisitions-1030938
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