Azure Holding Group Corp.
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- Azure Holding Group Corp. (AZRH) is an acquisition-focused company operating in the oil and gas sector, with activities spanning oil field services and construction, oil and gas exploration and production, and oil and gas distribution. The company offers coil tubing technology tools and distribution rights through a joint venture subsidiary; well testing services via its merger with Freedom Well Testing; drilling fluids through CST Drilling Fluids; and oil and gas operations including production, well cleanouts, fracking, and reworks across extensive acreage. It targets primarily upstream and midstream segments in the Permian Basin across Ector, Crane, Pecos, and Cochran Counties in West Texas, as well as South Texas counties such as Nueces, Duval, Bee, Webb, Starr, and Zapata, with additional assets in the Appalachian Basin. Founded in 2012 and headquartered in Midland, Texas, the company has evolved from a development-stage entity originally focused on used automobile sales into an active oil and gas operator through strategic consolidations. Subsidiaries and integrated operations include Vision Oil And Gas, Oil Field Services AI, American Industries, and joint ventures such as those with Coil Tubing Technologies Inc. and Mountain V Oil & Gas. Recent developments include the November 2024 completion of a merger with Freedom Well Testing, integrating full well testing operations; a joint venture with Coil Tubing Technologies Inc. contributing $14.0 million in tools and exclusive distribution rights; and the June 2025 merger with Vision Oil And Gas, adding 404 oil and gas wells and 26,000 acres, followed by a planned name change to Vision Oil And Gas. In 2025, the company acquired 144 oil wells across 4,083 acres and 509 oil wells across 12,500 acres in the Permian Basin for $8.0 million in stock, doubling its well count to 1,044 and targeting over 800 barrels of oil per day by year-end 2026; it also initiated a joint venture with Mountain V for drilling in the Appalachian and Permian Basins, announced a letter of intent for Button Energy, and plans CST Drilling Fluids reorganization to eliminate $4.7 million in liabilities. These moves enhance production capacity, reserve base exceeding 7.5 million barrels, and service capabilities for oil and gas operators.
$AZRH Azure Holding Group Completes Acquisition Between Vision Oil and Gas and LDF Energy, Bringing Total Producing and Shut-In Well Count to 1,062 Oil Wells or 0.87% of the Total Well Count in the Tier 1, Tier 2 & Tier 3 West Texas Permian Basin
Azure Holding Group and Vision Oil and Gas Doubles Total Well Count to 1,044 Oil Wells in the Permian Basin, with Acquisition of 509 Oil Wells and 10,500 Net Mineral Acres
Azure Holding Group and Vision Oil and Gas Acquire 144 Oil Wells 4,083 Acres in the Permian Basin
AZURE HOLDING GROUP CANCELS 15.6 Million Restricted Shares Out of 55.5 Million Outstanding Shares Issued, Resulting in 28% Total Shares Outstanding Reduction
Azure Holding Group ($AZRH) and Vision Oil and Gas Release Updated Capital Program Forecast and Expected Revenue Projections
Azure Holding Group Corp ($AZRH) Completes Merger with Vision Oil and Gas, Adding 404 Oil & Gas Wells and 26,000 Acres
Azure Holding Group Corp ($AZRH) Forms Joint Venture with Mountain V, Begins First Phase of Natural Gas and Oil Drilling Program
Azure Holding Group Corp ($AZRH) Posts Strong 2nd Quarter 2025 Results, Strengthens Balance Sheet
AZURE Holding Group ($AZRH) Announces Accelerated Share Repurchase Program
Azure Holding Group 1st Quarter Earnings Report