Company: OKMN
Filing Date: 2025-11-25
Form Type: 10-Q
Source: 0001553350-25-000149
Chunk: 29

Company: OKMIN RESOURCES, INC.
Filing Date: 2025-11-25
Form: 10-Q
Item: Item 2
Chunk 29
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Special Note Regarding Forward-Looking Information

The following discussion and analysis of the results
of operations and financial condition of Okmin Resources, Inc., and its subsidiaries (“Okmin” or the “Company”)
as of September 30, 2025 should be read in conjunction with our unaudited financial statements and the notes to those unaudited financial
statements that are included elsewhere in this Quarterly Report on Form 10-Q. References in this Management’s Discussion and Analysis
of Financial Condition and Results of Operations to “us”, “we”, “our” and similar terms refer to Okmin.
This Quarterly Report contains forward-looking statements as that term is defined in the federal securities laws. The events described
in forward-looking statements contained in this Quarterly Report may not occur. Generally, these statements relate to business plans or
strategies, projected or anticipated benefits or other consequences of our plans or strategies, projected or anticipated benefits from
acquisitions to be made by us, or projections involving anticipated revenues, earnings or other aspects of our operating results. The
words “may,” “will,” “expect,” “believe,” “anticipate,” “project,”
“plan,” “intend,” “estimate,” and “continue,” and their opposites and similar expressions,
are intended to identify forward-looking statements. We caution you that these statements are not guarantees of future performance or
events and are subject to a number of uncertainties, risks and other influences, many of which are beyond our control, which may influence
the accuracy of the statements and the projections upon which the statements are based.

Our actual results, performance
and achievements could differ materially from those expressed or implied in these forward-looking statements. Except as required by federal
securities laws, we undertake no obligation to publicly update or revise any forward-looking statements, whether from new information,
future events or otherwise.

U.S. Dollars are denoted herein by “USD,”
“$” and “dollars”.

Overview

Okmin Resources, Inc. was organized in 2020 to engage in the business of
the acquisition, exploration and development of mineral rights and natural resource assets.

As a development stage company, Okmin has been focused
on the acquisition and development of domestic oil and gas fields, investing in lower profile rework and recompletion opportunities with
lower entry costs. The Company's initial projects are located in Oklahoma and Kansas. 

The Company has two wholly owned subsidiaries that
conduct oil and gas activities, Okmin Operations, LLC, incorporated