Company: MNTR
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001493152-25-011889
Chunk: 134

Company: Mentor Capital, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Item 1A
Chunk 134
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emptions in the three and six
months ended June 30, 2025 or in fiscal year 2024.

We
may be unable to collect on our ownership in oil and gas royalty interests in the form of oil and gas royalty payments or amounts owed
to us may be reduced due to external market conditions, regulatory changes, or the performance of third-party oil and gas operators.

We
may be unable to collect on our ownership in oil and gas royalty interests owed to us due to a failure of third-party producers to properly
send royalty payments to us, or we may experience delays in payments or mistakes in the amounts sent to us. Further, our royalty payment
amounts may be decreased due to declines in production levels on properties in which we have mineral and royalty interests or changes
in supply and demand levels for oil, gas, and natural gas. Our royalty interests may also be impacted by negative market and trade conditions
that may affect the demand for oil, gas, and natural gas, which would impact prices for those commodities. We may be impacted by actions
taken by the members of the Organization of the Petroleum Exporting Countries (“OPEC”) and Russia that affect the production
and pricing of oil, as well as other domestic and global political, economic, or diplomatic developments, including regional supply and
demand factors and delays of production that may be caused by governmental or state orders, rules, or regulations that impose production
limits on such acreage including federal, state, and legislative initiatives relating to hydraulic fracturing. Our royalty interest payments
may be decreased due to risks related to climate change. Restrictions on the use of water, including limits on the use of produced water
by operators and a moratorium on new produced water well permits recently imposed by the Texas Railroad Commission in an effort to control
induced seismicity in the Permian Basin could affect our royalty payments. Future royalty revenue may also be affected by significant
declines in prices for oil, natural gas, or natural gas liquids, which, if significant, may require significant impairment of our royalties.
Third party operators may be impacted by changes in U.S. energy, environmental, monetary and trade policies and conditions in the capital,
financial and credit markets, including the availability and pricing of capital for their drilling and development operations, or they
could face changes in availability or cost of rigs, equipment, raw materials, supplies and oilfield services, or a lack of or disruption
in access to adequate and reliable transportation, processing, storage and other facilities impacting operators