AZURE HOLDING GROUP and Vision Oil And Gas has conducted extensive preliminary geological and engineering to evaluate the potential in the company's deep mineral rights associated with their Cochran County Assets, with estimates yielding potentially $2.0 Billion in recoverable Oil Reserves
LUBBOCK, TEXAS / ACCESS Newswire / September 15, 2025 / Azure Holding Group and Vision Oil And Gas (OTCID:$AZRH) announced this morning that it has conducted extensive preliminary geological and engineering to evaluate the potential in the company's deep mineral rights associated with their Cochran County Assets, with estimates yielding potentially $2.0 Billion in recoverable Oil Reserves in the Devonian (Woodford Shale).
The Group anticipates that the average AFE on a per well basis will range between $500,000 to $1.2 Million, as the group intends to drill at least 200 of the company's 373 existing well bores, across 500 total well locations, to penetrate it's Deep Mineral Rights on an economical basis and in addition to it's current secondary and tertiary enhanced oil recovery efforts that are currently underway in the San Andreas formation, where the company's wellbores are currently drilled to. The group is currently preparing it's multi-year plan, and intends to kickoff its first Devonian oil well in the 2nd quarter of 2026.
"When we initially purchased the Cochran County assets, we had a VISION. That VISION was backed by 30 years of experience as a Geologist in Texas, and I am very excited about the road we have ahead of us," said Azure Holding Group and Vision Oil And Gas Chairman, Rodolfo Tijerina.
"West Texas has the best Rock in America. As a Nation, we have barely scratched the surface. We are in the preliminary stages now of designing what we believe will be the most prolific Oil Exploration Effort in Cochran County history. Studying the Wildcatters within the county over the course of time led us to these conclusions, and fortunately for us, we can point to 8 offsetting wells that are within a 2,000 to 8,000 Feet of our current acreage position. As we embark on developing these fields to their maximum production potential, we wouldn't be able to do this without local legends and service providers like Cody Jackson, Brendan Jackson, Sam Spruiell, Chris Dawson, Will Reed, and Cory Jones just to name a few," said Azure Holding Group and Vision Oil And Gas Chief Executive Officer, Josh Cohen
For further information, please visit the companies website at www.oilfieldservices.ai or reach out to Josh Cohen at (917) 584-7042 or by email at jcohen@visionoilandgas.com.
About Azure Holding Group
Azure Holding Group Corp. is an acquisition corporation focused on Oil Field Services, Oil Field Construction, and Oil & Gas Exploration & Production. The Company is currently evaluating further mergers and acquisitions, outside of it's capital program to enable organic growth.
SOURCE: Azure Holding Group Corp.
View the original press release on ACCESS Newswire:
https://www.accessnewswire.com/newsroom/en/business-and-professional-services/azure-holding-group-and-vision-oil-and-gas-preliminary-geologica-1073166
