Wednesday, February 26, 2020 10:05:46 AM
Kallanishenergy.com
ERF Wireless forms unit to buy O&G assets
February 25, 2020 Company News, Crude Oil, Natural Gas, News, North America, Onshore, Unconventionals 0
ERF Wireless, a company founded in 2004 to provide high-speed wireless broadband products and service to various industries, including oil and gas, announced it’s forming a new unit to acquire oil and gas properties.
The new subsidiary, Zona Resources Inc., initially will focus on acquiring oil and gas property in the Permian Basin, but expects to be active in other U.S. oil and gas basins/plays in the future, Kallanish Energy reports.
"We are pleased to announce the exciting new direction of the company and its future development," stated John Barnett, CEO of ERF Wireless.
ERF and its new subsidiary are based in Dallas, Texas.
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