Company: OKMN
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001079973-25-001512
Chunk: 19

Company: OKMIN RESOURCES, INC.
Filing Date: 2025-09-29
Form: 10-K
Item: Item 1
Chunk 19
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 to new state and federal safety and environmental
laws, regulations, guidelines and enforcement interpretations. Additionally, environmental groups, landowners, local groups and other
advocates may oppose our operations through organized protests, attempts to block or sabotage our operations or those of our midstream
transportation providers, intervene in regulatory or administrative proceedings involving our assets or those of our midstream transportation
providers, or file lawsuits or other actions designed to prevent, disrupt or delay the development or operation of our assets and business
or those of our midstream transportation providers. These actions may cause operational delays or restrictions, increased operating costs,
additional regulatory burdens and increased risk of litigation. Moreover, governmental authorities exercise considerable discretion in
the timing and scope of permit issuance and the public may engage in the permitting process, including through intervention in the courts.
Negative public perception could cause the permits we require to conduct our operations to be withheld, delayed or burdened by requirements
that restrict our ability to profitably conduct our business.

Recently, activists concerned about the potential
effects of climate change have directed their attention towards sources of funding for fossil-fuel energy companies, which has resulted
in certain financial institutions, funds and other sources of capital restricting or eliminating their investment in energy-related activities.
Ultimately, this could make it more difficult to secure funding for exploration and production activities.

Risks Related to Governmental Regulations

Oil and natural gas operations are subject to
environmental, legislative and regulatory initiatives that can materially adversely affect the timing and cost of operations and the demand
for crude oil and natural gas.

Our operations are subject to stringent and complex
federal, state and local laws and regulations relating to the protection of human health and safety, the environment and natural resources.
These laws and regulations can restrict or impact our business activities in many ways including, but not limited to the following:

    ·
    requiring the installation of pollution-control equipment or otherwise restricting the handling or disposal of wastes and other substances associated with operations;

    ·
    limiting or prohibiting construction activities in sensitive areas, such as wetlands, coastal regions or areas that contain endangered or threatened species and/or species of special statewide concern or their habitats;

    ·
    requiring investigatory and remedial actions to address pollution caused by our operations or attributable to former operations;

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    ·
    requiring noise, lighting, visual impact, odor and/or dust mitigation, setbacks, landscaping, fencing, and other measures;

    ·
    restricting access to certain equipment or areas to a limited set of employees or