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Permian Basin Oil and Gas Magazine

PBOG is the Official Publication of the Permian Basin Petroleum Association and is published monthly by Zachry Publications, LP.

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Verde Bio Holdings acquires mineral, royalty interests in Howard County

March 3, 2022 by PBOG

Frisco-based Verde Bio Holdings said Feb. 9 it will acquire mineral and royalty interests in Howard County for $325,000 from a private seller.  The assets of 6 wells are operated by Ovintiv, whose 3 rigs are focused on Spraberry and Wolfcamp formations in Midland Basin.  CEO Scott Cox said, “We continue to execute on our business plan of acquiring a portfolio of diversified, revenue-producing, high-quality assets.”

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