Bonanza O&G Takes Stakes in Oklahoma Assets



Bonanza O&G completed the purchase of a 10% interest in a producing well and additional acreage in Logan County, Oklahoma.

The Company has concluded the purchase of an interest in a producing well and associated acreage in Logan County, Oklahoma.

Bill Wiseman, CEO of the Company, stated, "The Company is very pleased with this acquisition, and remains committed to the strategy of buying current oil and gas production, which provides potential for future growth while providing additional current cash flow."