BioForce Nanosciences acquires 100% leasehold interest in two Texas oil and gas leases
BFNH•BioForce Nanosciences Holdings acquired 100% leasehold interests in two leases totaling about 67.59 acres in Liberty County, Texas. An engineering evaluation estimates Herrin-1 reserves of 285,730 barrels of oil and 23,512,340 Mcf of natural gas; evaluating and potentially restoring the shut-in well could cost at least about $2.5 million.
1. Texas lease interests
BioForce Nanosciences Holdings expanded beyond Nevada by acquiring 100% leasehold interests in two leases totaling approximately 67.59 acres in Liberty County, Texas. CELT eResources assigned one lease, covering approximately 40.19 acres, 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.
2. Herrin-1 evaluation
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. The well remains shut in, and evaluating and potentially restoring production could require at least approximately $2.5 million; feasibility remains under review.
