Acquires and develops oil and gas properties, producing oil and natural gas sold to refining companies and independent marketers.
10-K for FY2026, filed Oct 13, 2026Okmin Resources, Inc. (collectively with its subsidiaries, “Okmin” or the “Company”) was incorporated in Nevada in December 2020 to engage…View ↗
Okmin has been focused on the acquisition and development of domestic oil and gas fields, investing in lower profile rework and…View ↗
We have primarily engaged in oil and natural gas exploration and production by participating, on a proportionate basis, alongside…View ↗
Markets for oil and natural gas are volatile and are subject to wide fluctuations depending on numerous factors beyond our control…View ↗
Its operating partners market and sell its oil and gas to buyers; prices are tied to prevailing commodity prices and the volume delivered, and Okmin's share is determined after the operator confirms a completed sale.
$8.9K
10-K for FY2026, filed Oct 13, 2026
$8.9K ↗
Industry partners market Okmin’s production and sell it to competing buyers, including large oil refining companies and independent marketers.
10-K for FY2026, filed Oct 13, 2026Markets for oil and natural gas are volatile and are subject to wide fluctuations depending on numerous factors beyond our control…View ↗
No. It lost $367.3K in FY2026.
10-K for FY2026, filed Oct 13, 2026
Shrinking. Revenue fell 90% in 4 years, from $91.8K in FY2022 to $8.9K in FY2026, about 44% a year.
Project interests
The older report described joint-venture interests in Black Rock, West Sheppard and Pushmataha; the latest describes Black Rock as exchanged for a larger Pushmataha interest and West Sheppard as a royalty interest.
10-K for FY2023, filed Sep 28, 2023 10-K for FY2026, filed Oct 13, 2026In February 2021 Okmin entered into a Joint Venture Agreement and Operating Agreement committing $100,000 in the initial phase to acquire…View ↗
In August 2021, the Company entered into an option agreement with Blackrock to acquire a 50% joint venture interest in the West Sheppard…View ↗
In December 2021, the Company exercised its option and entered into a definitive joint venture and operating agreement with Blackrock to…View ↗
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