Company: OKMN
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001079973-25-001512
Chunk: 86

Company: OKMIN RESOURCES, INC.
Filing Date: 2025-09-29
Form: 10-K
Item: Item 1A
Chunk 86
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An investment in our common stock involves a high
degree of risk. You should carefully consider the following material risk factors as well as all other information set forth or referred
to in this report before purchasing shares of our common stock. 

Summary Risk Factors

    ·
    our ability to obtain sufficient cash flow from operations, borrowing, and/or other sources to fulfill our business plan;

    ·
    volatility in oil and natural gas prices, including further declines in oil prices and/or natural gas prices, which would have a negative impact on operating cash flow and could require further ceiling test write-downs on our oil and natural gas assets;

    ·
    the possibility that the oil and natural gas industry may be subject to new adverse regulatory or legislative actions (including changes to existing tax rules and regulations and changes in environmental regulation);

    ·
    the general risks of exploration and development activities, including the failure to find oil and natural gas in sufficient commercial quantities to provide a reasonable return on investment;

    ·
    future oil and natural gas production rates;

    ·
    environmental risks;

    ·
    availability of pipeline capacity and other means of transporting crude oil and natural gas production, and related midstream infrastructure and services;

5 

    ·
    competition in acquiring interest in existing properties and new acreage with other operating companies, resulting in less favorable terms or fewer opportunities being available;

    ·
    higher drilling and completion costs related to competition for drilling and completion services and shortages of labor and materials;

    ·
    disruptions resulting from unanticipated weather events, natural disasters, and public health crises and pandemics, such as the coronavirus, resulting in possible delays of drilling and completions and the interruption of anticipated production streams of hydrocarbons, which could impact expenses and revenues;

    ·
    our lack of effective disclosure controls and procedures and internal control over financial reporting;

    ·
    our ability to maintain the market for our common stock on OTC Markets;

    ·
    dilution caused by new equity or debt offerings;

    ·
    our need for additional capital to conduct our operations and fund our business, complete future acquisitions, and our ability to obtain such necessary funding on favorable terms, if at all;

    ·
    the speculative nature of our oil and gas operations, and general risks associated with the exploration for, and production of oil and gas; including accidents, equipment failures or mechanical problems which may occur while drilling or completing wells or in production activities; operational hazards and unforeseen interruptions for which we may