BioForce Nanosciences Acquires 100% Leasehold Interest in Two Texas Oil and Gas Leases

Bitget2026/10/22 16:30

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BioForce Nanosciences Holdings expanded beyond Nevada with a 100% leasehold interest in two leases totaling approximately 67.59 acres in Liberty County, Texas.
CELT eResources assigned the approximately 40.19-acre lease in a related-party transaction; both companies share control through majority shareholder Nexus Capital Investments.
The separate approximately 27.40-acre lease with a private lessor is dated October 4, 2026.
An engineering evaluation estimates Herrin-1 gross proved developed behind-pipe reserves at 285,730 barrels of oil and 23,512,340 Mcf of natural gas.
Herrin-1 remains shut in; evaluating and potentially restoring production could require at least approximately $2.5 million, with feasibility still under review.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BioForce Nanosciences Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610221230PRIMZONEFULLFEED9851450) on October 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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BioForce Nanosciences Acquires 100% Leasehold Interest in Two Texas Oil and Gas Leases

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