Company: OKMN
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001079973-25-001512
Chunk: 7

Company: OKMIN RESOURCES, INC.
Filing Date: 2025-09-29
Form: 10-K
Item: Item 1
Chunk 7
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proceedings.

Reports to Security Holders

We intend to furnish our shareholders annual reports
containing financial statements audited by our independent registered public accounting firm and to make available quarterly reports containing
unaudited financial statements for each of the first three quarters of each year. We file Quarterly Reports on Form 10-Q, Annual Reports
on Form 10-K and Current Reports on Form 8-K with the SEC in order to meet our timely and continuous disclosure requirements. We may also
file additional documents with the SEC if they become necessary in the course of our company’s operations.

The SEC maintains an Internet site that contains reports,
proxy and information statements, and other information regarding issuers that file electronically with the SEC. The address of that site
is www.sec.gov.

ITEM 1A. RISK FACTORS.

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