BioForce Nanosciences Holdings, Inc. Announces Major Independently Verified Potential U.S. Oil Discovery
HOUSTON, Sept. 29, 2026 (GLOBE NEWSWIRE) -- BioForce Nanosciences Holdings, Inc. (OTC: BFNH) (“BioForce” or the “Company”) announces the potential discovery of a significant oil field within its 11 U.S. Bureau of Land Management (BLM) lease claims in the Fox Mountain and South Lund regions of Nevada.
A renowned independent petroleum engineering firm identified prospective resources in a report filed on a US SEC FORM 8-K. The furnished report estimates a potential large amount of “Original Oil-In-Place” (OOIP) across BioForce’s Nevada acreage. More exploration in the area is necessary to determine if economic feasibility exists. This region has been the focus of geological research for over a decade.
“These report findings highlight the commercial potential of BFNH’s NV leased assets,” said Gustavo Taboada, BioForce’s Chief Geosciences Officer. “The Company plans to develop the next exploration phase.”
Strategic Focus on Oil and Gas
BioForce has pivoted from its vitamin business exclusively toward oil and gas, committing to advancing exploration methodologies, conducting additional seismic surveys, precise exploratory drilling, and production testing. The Company plans to seek other oil/gas projects and explore possible strategic partnerships.
“With expertise and industry support, BioForce aims for precision and foresight in all operations,” stated Rich Kaiser, Interim CEO of BioForce. “We look to focus on determining the potential commercial viability of these resources, seeking growth opportunities for the Company.
About BioForce Nanosciences Holdings, Inc.
BioForce Nanosciences Holdings, Inc. (OTC: BFNH) is a publicly traded company based in Virginia Beach, Virginia. Its strategy focuses solely on energy-related activities within the oil and gas sector, including Nevada leases. BioForce is dedicated to unlocking energy potential for future technological advancements while responsibly exploring oil and gas opportunities. The Company plans to move to a different exchange and change its corporate name and trading symbol, with further announcements forthcoming - www.bioforceeclipse.com.
Safe Harbor Disclaimer
This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding estimates of prospective resources. Actual results may differ materially from those expressed or implied by these statements. Factors that could cause actual results to differ include market conditions, regulatory approvals, project execution, and other risks described herein.
Caveat Regarding Reserves and Commercial Viability
The acquisition of the BLM leases underscores BioForce’s commitment to responsibly exploring the properties’ domestic energy potential. Although the Company is optimistic about their prospects, there can be no assurance that hydrocarbons exist on the leased properties or that any discovered resources will be commercially or economically viable. Exploration and development activities are subject to technical, commercial, regulatory, and market risks.
Forward-Looking Statements
Certain statements contained herein are not based on historical facts and constitute “forward-looking statements” within the meaning of applicable securities laws. These forward-looking statements include all matters that are not historical facts. By their nature, forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those anticipated or implied. These risks and uncertainties include, but are not limited to, local, regional, national, and international economic conditions; fluctuations in oil and gas prices; international conflicts and tensions; weather events, acts of God, and other disasters; inflation or deflation; increases in unemployment rates and taxes; increases in labor and health insurance costs; changes in interest rates; compliance with debt covenants; and the Company’s ability to make debt payments. The Company assumes no obligation to update any forward-looking statement except as required by law. These forward-looking statements speak only as of the date of this press release and are qualified in their entirety by these cautionary statements.
For Further Information, Contact:
Richard Kaiser
BioForce Nanosciences Holdings, Inc.
Phone: (757) 306-6090
Email: info@bioforceeclipse.com
Website: https://bioforceeclipse.com/
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f7de7ee6-a2e3-48ab-a0c6-92af096b7612
