BioForce Nanosciences Acquires 100% Leasehold Interest in Two Texas Oil and Gas Leases
Bitget2026/10/22 16:30- 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.
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