Norris Industries Inc. (“NRIS” or the “Company”) (formerly International Western Petroleum Inc.) was incorporated on February 19, 2014, as a Nevada corporation and is headquartered in Weatherford, Texas. The Company was formed to conduct operations in the oil and gas industry, and currently focuses on the acquisition, development, and exploration of crude oil and natural gas properties in Texas. On May 4, 2015, the Company initially acquired working interests from the Bend Arch Lion 1A and the Bend Arch Lion 1B Joint Ventures in Coleman County of Texas, encompassing a total production of 7 producing oil and gas wells on a total of 380 acres out of 777-acre leaseholds indicating proven recoverable reserves. We believed that the Bend Arch Lion 1A and 1B Joint Ventures as parts of the total 777-acre leasehold have not been fully explored. The Company has managed the 45-acre Marshall Walden joint venture with 8 Woodbine Sand oil wells in Kilgore City, Texas, and it acquired a 640 acre leasehold with 3 oil wells (proved undeveloped) from the multi-zone Ratliff property in King County, in an attempt to establish a foothold in the Eastern Permian Basin of Texas. The Company, in fiscal year 2018, also purchased producing oil and gas mineral leases on December 28, 2017, in the Texas counties of Jack County and Palo-Pinto County in North Central Western part of Texas. The leases were for 20 gross oil and gas wells on 2,790 gross acres with majority working and operating interests with daily production of 50 barrels of oil equivalent (“BOE”). During fiscal year 2020, the Company completed a purchase of the remaining 90% working interest ownership (“WI”) of the Marshall-Walden property that it did not own previously, and now owns 100% of the WI, with a 75% net revenue interest (“NRI”). Currently, NRIS holds approximately 4,200 total gross acres in leaseholds in various areas of North Central, and in North East Texas regions. The Company plans to focus its limited resources on its existing leaseholds in the future.
Company profile
Ticker
NRIS
Exchange
Website
CEO
Patrick Norris
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
INTERNATIONAL WESTERN PETROLEUM, INC.
SEC CIK
Corporate docs
Subsidiaries
Norris Petroleum, Inc. ...
NRIS stock data
Latest filings (excl ownership)
10-Q
2024 Q3
Quarterly report
11 Jan 24
10-Q
2024 Q2
Quarterly report
12 Oct 23
10-Q
2024 Q1
Quarterly report
14 Jul 23
10-K
2023 FY
Annual report
26 May 23
10-Q
2023 Q3
Quarterly report
17 Jan 23
10-Q
2022 Q2
Quarterly report
14 Oct 22
10-Q
2023 Q1
Quarterly report
13 Jul 22
10-K
2022 FY
Annual report
15 Jun 22
NT 10-K
Notice of late annual filing
31 May 22
10-Q
2022 Q3
Quarterly report
13 Jan 22
Latest ownership filings
4
Patrick L. Norris
13 Jul 22
4
Patrick L. Norris
19 May 20
4
Patrick L. Norris
23 Dec 19
4
Patrick L. Norris
23 Dec 19
4
Patrick L. Norris
11 Jan 18
4
Ross Henry Ramsey
20 Oct 17
SC 13D
International Western Petroleum, Inc.
11 Aug 17
3
Patrick L. Norris
8 Aug 17
SC 13D
International Western Petroleum, Inc.
8 Aug 17
3
Benjamin B Tran
14 Sep 16
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