Bioforce Nanoscience, Inc. received US Bureau of Land Management approval for the assignment of eleven federal oil and gas leases in White River Valley, Nye County, Nevada. These leases cover approximately 19,957 acres of land with primary terms of 10 years and a 12.5% royalty rate to the federal government. The company intends to commence exploration and development activities, including seismic surveys and exploratory drilling. Bioforce Nanoscience, Inc. operates in the energy sector, focusing on oil and gas exploration and production.
