Company: OKMN
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001079973-25-001512
Chunk: 13

Company: OKMIN RESOURCES, INC.
Filing Date: 2025-09-29
Form: 10-K
Item: Item 1
Chunk 13
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    the actions of the Organization of Petroleum Exporting Countries, or OPEC, and state-controlled oil companies relating to oil price and production controls;

    ·
    the price and quantity of foreign imports of oil and natural gas;

    ·
    the impact of U.S. dollar exchange rates on oil and natural gas prices and inflation;

8 

    ·
    domestic and foreign governmental regulations and taxes;

    ·
    speculative trading of oil and natural gas futures contracts;

    ·
    localized supply and demand fundamentals, including the availability, proximity, and capacity of gathering and transportation systems for natural gas;

    ·
    the availability of refining capacity;

    ·
    the prices and availability of alternative fuel sources;

    ·
    the threat, or perceived threat, or results, of viral pandemics, for example, previously experienced with the COVID-19 pandemic;

    ·
    weather conditions and natural disasters;

    ·
    political conditions in or affecting oil, and natural gas producing regions, including South America and the recent conflicts in Ukraine and the Middle East;

    ·
    the continued threat of terrorism and the impact of military action and civil unrest;

    ·
    public pressure on, and legislative and regulatory interest within, federal, state, and local governments to stop, significantly limit, or regulate oil and gas exploration and production activities;

    ·
    the level of global oil and natural gas inventories and exploration and production activity;

    ·
    authorization of exports from the United States of liquefied natural gas;

    ·
    the impact of energy conservation efforts;

    ·
    technological advances affecting energy consumption; and

    ·
    overall worldwide economic conditions.

Declines in oil or natural gas prices will reduce
not only our revenue but also the amount of oil and natural gas that we, and the operators of our properties, can produce economically.
Should oil or natural gas prices decline in the future, the wells in which we have an interest may be forced to be shut-in, and exploration
and development plans for prospects and exploration or development activities may need to be postponed or abandoned. Declines in the prices
we receive for our oil and natural gas can also adversely affect our ability to finance capital expenditures, make acquisitions, raise
capital and satisfy our financial obligations. In addition, declines in prices can reduce the amount of oil and natural gas that we can
produce economically and the estimated future cash flow from that production, each of which would have a material negative effect on our