Verde Bio Holdings Announces New Drilling Occurring on its Properties
FRISCO, TX, Feb. 09, 2023 (GLOBE NEWSWIRE) — via NewMediaWire — Verde Bio Holdings, Inc. (OTCQB:VBHI), a growing oil and gas company, today announced that with the sustained higher oil and gas prices, its well count continues to rise. Recently, the company has received notice of over 8 new wells being brought online on its oil and gas properties. The main areas of continued new development are on the company’s Permian Basin, Haynesville shale properties which allows a solid mix of oil and gas new development. A well being brought online indicates a new producing well and a permit indicates an intention to drill. With the addition of these wells, the company now has over 500 producing wells in its portfolio.
Related news for (VBHI)
- Verde Bio Holdings Provides First Quarter Corporate Update
- Verde Bio Holdings Provides Fiscal Year End Corporate Update
- Verde Bio Holdings, Inc. Announces Opportunistic Divestiture of Assets
- Verde Bio Holdings Announces Engagement of Investment Bank and Corporate Update
- Verde Bio Holdings Provides Third Quarter Corporate Update