Amazing Energy Oil and Gas, Co. (OTCPK:AMAZ) entered into a purchase and sale agreement to acquire certain leases in Permian Basin, Pecos County from Wyatt Petroleum, LLC and Wyatt Permian, LLC from $0.5 million on October 12, 2018. As part of the acquisition, Amazing Energy also acquired deep rights to 21,000 mostly contiguous acres in the Permian Basin in Pecos County, Texas. The transaction was financed via a loan from Amazing Energy's Chairman of the Board of Directors, Tony Alford. The transaction is expected to close on October 12, 2018. Amazing Energy Oil and Gas, Co. (OTCPK:AMAZ) completed the acquisition of certain leases in Permian Basin, Pecos County from Wyatt Petroleum, LLC and Wyatt Permian, LLC on October 17, 2018.