Orion Acquires Oil & Gas Assets in Texas & Mississippi, Expands US Presence

Orion Diversified Holding Co Inc. has acquired oil and gas assets in Texas and Mississippi, including a royalty and non-operated working interest in 39 wells producing 2,350 bopd. The company now owns 53,960 mineral acres in the Bakken, Permian Basin, Piceance Basin, Arkoma Basin, Eagle Ford, Haynesville Shale, and Scoop Stack of Oklahoma. Orion receives monthly income from Chevron, Conoco Phillips, Apache, Occidental Petroleum, and other companies.

Orion Diversified Holding Co Inc. (OTC PINK: OODH), a diversified holding company specializing in oil and gas investments, has recently expanded its portfolio with significant acquisitions in Texas and Mississippi. The company announced on September 4, 2025, that it has closed on a royalty and non-operated working interest in these states.

In Texas, Orion acquired a 640-acre royalty interest in Matagorda County. This acquisition is strategically positioned with active leases surrounding the property, indicating potential for future development. Additionally, Orion has secured a 9,280-acre tract in Pecos County, near the Terrell County border, with a history of significant natural gas production. The company has been notified of active leases in this area, suggesting further exploration opportunities.

In Mississippi, Orion has acquired a 0.60% non-operated working interest in 39 wells that produce 2,350 barrels of oil per day (bopd), with a net production of 14.10 bopd. This is Orion's first entry into the Mississippi oil and gas fields, where the property was initially drilled in 1977 and reached peak production of 10,000 bopd in 2011. Since 1977, the Mississippi property has produced 60,156,572 barrels and 5.9 billion cubic feet (bcf) of gas.

The acquisitions bring Orion's total mineral acreage to 53,960 acres across various premier basins within the United States, including the Bakken, Permian Basin, Piceance Basin, Arkoma Basin, Eagle Ford, Haynesville Shale, and the Scoop Stack of Oklahoma. The company receives monthly income from these assets and additional income from major oil and gas companies such as Chevron, Conoco Phillips, Apache, Occidental Petroleum, EOG Resources, Mewbourne Oil, Merit Energy, Hilcorp Oil, Kraken Oil, DCP, Raybaw Operating, Unit Corp, Hanna Oil, Cambrian Resources, Utah Gas Corp, Compass Operating, and Denbury.

Orion Diversified Holding Co Inc. continues to focus on its core strategy of investing in operated majority working interest, non-operated working interest, royalty, and mineral interests in producing oil and gas properties. The company's recent acquisitions demonstrate its commitment to expanding its portfolio and leveraging strategic opportunities within the oil and gas sector.

References:
[1] https://www.accessnewswire.com/newsroom/en/oil-gas-and-energy/orion-acquires-oil-and-gas-assets-in-texas-and-mississippi-1068711
[2] https://www.stocktitan.net/news/OODH/orion-acquires-oil-gas-assets-in-texas-3s7457c9xhsb.html