About Verde Bio Holdings

Verde Bio Holdings, Inc. engages in the acquisition and development of oil and gas properties within the major oil and gas plays in the U.S. The company’s dual-focused growth strategy relies primarily on leveraging management’s expertise to grow through the strategic acquisition of non-operating, working interests and royalty interests with the goal of developing into a major company in the industry. The company focuses on the acquisition of and exploitation of upstream energy assets, specifically targeting oil and gas mineral interests, oil and gas royalty interests and select non-operated working interests. As a royalty owner, the company has the right to receive a portion of the production from the leased acreage (or of the proceeds of the sale thereof). The company began purchasing mineral and oil and gas royalty interests and surface properties in September 2020, and since such time has completed a total of 18 purchases. Properties The company has mineral and royalty interests in several properties across six (6) U.S. states. A total of three hundred and sixty-six (366) reserves cases have been identified and evaluated. These include producing, non-producing and undeveloped wells or leases. As of April 21, 2021, there were 352 wells producing on this acreage. In addition, there were 4 horizontal wells in various stages of completion. As of April 30, 2021, there were 6 additional permits outstanding for undrilled wells or wells being drilled on the acreage underlying the company’s Royalties. As of April 30, 2021, the company’s historical proved developed reserves totaled 29,590 thousand barrels of crude oil (MBbls) of oil and 123,770 million cubic feet of natural gas (MMcf) of natural gas. History Verde Bio Holdings, Inc. was founded in 2010. The company was incorporated in the state of Nevada in 2010.