Norris Industries Inc. (OTCPK:NRIS) acquired the remaining 90% working interest in the Marshall Walden oil and gas property from Odyssey Enterprises LLC.
July 12, 2019
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Norris Industries Inc. (OTCPK:NRIS) acquired the remaining 90% working interest in the Marshall Walden oil and gas property from Odyssey Enterprises LLC in June 2019. Following the transaction Norris Industries owns a 100% working interest in the property. JBB Partners lent $250,000 under a secured convertible promissory note to Norris Industries on June 13, 2019 to finance the purchase.
Norris Industries Inc. (OTCPK:NRIS) completed the acquisition of the remaining 90% working interest in the Marshall Walden oil and gas property from Odyssey Enterprises LLC in June 2019.
Norris Industries, Inc. is an exploration and production oil and natural gas company. The Company focuses on the development, production, and maintenance of its crude oil and natural gas properties in Texas. Its principal operating properties are in the Ellenberger formation in Coleman County, and in Jack County and Palo-Pinto County Texas. It also focuses on developing additional exploration and acquisition projects located within the Bend Arch-Fort Worth Basin and other prime acquisition targets in Central West, South and East Texas. It also focuses on other acquisition opportunities in the Permian Basin, West Texas, East Texas, and South Texas regions. It has about 20 gross oil and gas wells in the Jack County and Palo-Pinto County Stuart oil leases. Its 1A Venture property has four gross oil and gas wells. Its 1B Venture property has six gross oil and gas wells. Its Marshall Walden property has six gross oil and gas wells. Its production operations are in the state of Texas.
Norris Industries Inc. (OTCPK: NRIS) acquired the remaining 90% working interest in the Marshall Walden oil and gas property from Odyssey Enterprises LLC.
NORRIS INDUSTRIES, INC. 
