Amazing Energy Oil and Gas, Co. (OTCPK:AMAZ) acquired interests in acreage located in Lea County, New Mexico from Wyatt Energy Inc. for $2 million on January 18, 2019. The acquisition by Amazing Energy represents a 56% working interest in two leases and 100% working interest in a third lease, all totaling 16,904 gross and 10,501 net effective acres in Lea County, New Mexico. The terms of the acquisition also include a fractional working interest in Wyatt's assets in Mississippi, known as the Chateau Project. As part of consideration, Amazing Energy has deposited $0.1 million of the purchase price with Wyatt Energy providing a sellers note for the remaining $1.9 million. The note will have a 1-year maturity and 7% annual interest rate. Amazing Energy Oil and Gas, Co. (OTCPK:AMAZ) completed the acquisition of interests in acreage located in Lea County, New Mexico from Wyatt Energy Inc. on January 18, 2019.