Norris Industries, Inc.

Norris Industries, Inc. is an oil and gas company focused on the development, production, and maintenance of crude oil and natural gas properties in Texas. Incorporated on February 19, 2014, as a Nevada corporation, the company is headquartered in Weatherford, Texas. On May 4, 2015, Norris Industries initially acquired working interests from the Bend Arch Lion 1A and Bend Arch Lion 1B Joint Ventures in Coleman County, Texas. These ventures included 7 producing oil and gas wells on 380 acres, part of a larger 777-acre leasehold with proven recoverable reserves. The company also managed the 45-acre Marshall Walden joint venture, which included 8 Woodbine Sand oil wells in Kilgore City, Texas. In fiscal year 2018, specifically on December 28, 2017, Norris Industries purchased producing oil and gas mineral leases in Jack County and Palo-Pinto County in the North Central Western part of Texas. These leases covered 20 gross oil and gas wells on 2,790 gross acres, with the company holding majority working and operating interests, and a daily production of 50 barrels of oil equivalent (BOE). During fiscal year 2020, the company completed the purchase of the remaining 90% working interest ownership of the Marshall-Walden property, bringing its ownership to 100% working interest with a 75% net revenue interest. Currently, Norris Industries holds approximately 3,612 total gross acres in leaseholds across various areas of the North Central and North East Texas regions. The company intends to concentrate its resources on these existing leaseholds.