Company: OKMN
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001079973-25-001512
Chunk: 8

Company: OKMIN RESOURCES, INC.
Filing Date: 2025-09-29
Form: 10-K
Item: Item 1
Chunk 8
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 the interruption of anticipated production streams of hydrocarbons, which could impact expenses and revenues;

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

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

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    dilution caused by new equity or debt offerings;

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    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;

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    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 not be adequately insured; the threat and impact of terrorist attacks, cyber-attacks or similar hostilities; declining production; and losses or costs we may incur as a result of title deficiencies or environmental issues in the properties in which we invest, any one of which may adversely impact our operations;

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    changes in the legal and regulatory environment governing the oil and natural gas industry, including new or amended environmental legislation or regulatory initiatives which could result in increased costs, additional operating restrictions, or delays, or have other adverse effects on us;

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    improvements in or new discoveries of alternative energy technologies that could have a material adverse effect on our financial condition and results of operations;

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    the fact that our officers and directors beneficially own a majority of our common stock and that their interests may be different from other shareholders;

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    our dependence on the continued involvement of our present management;

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    economic downturns and possible recessions caused thereby (including as a result of COVID-19, increases in inflation or global conflicts;

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    the effects of global pandemics, such as COVID-19 on our operations, properties, the market for oil and gas, and the demand for oil and gas;

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    the need to write-down assets and/or shut-in wells, or our non-operated wells being shut-in by their operators;

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    future litigation or governmental proceedings which could result in material adverse consequences, including judgments or settlements;

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    unanticipated down-hole mechanical problems, which could result in higher-than-expected drilling and completion expenses and/or the loss of the wellbore or a portion thereof; and

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