# EDGAR Filing Document

**Accession Number:** 0001936756
**File Stem:** 0001199835-23-000117
**Filing Date:** 2023-2
**Character Count:** 9987
**Document Hash:** 1e3492f01fdd64011f47e05f3831cc16
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001199835-23-000117.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0001199835-23-000117

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20220227

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230227

**DATE AS OF CHANGE**: 20230227

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Next Bridge Hydrocarbons, Inc.
- **CENTRAL INDEX KEY:** 0001936756
- **STANDARD INDUSTRIAL CLASSIFICATION:** CRUDE PETROLEUM & NATURAL GAS [1311]
- **IRS NUMBER:** 872538731
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-266143
- **FILM NUMBER:** 23676162

**BUSINESS ADDRESS:**
- **STREET 1:** 6300 RIDGLEA PLACE
- **STREET 2:** SUITE 950
- **CITY:** FORT WORTH
- **STATE:** TX
- **ZIP:** 76116
- **BUSINESS PHONE:** 817-438-1937

**MAIL ADDRESS:**
- **STREET 1:** 6300 RIDGLEA PLACE
- **STREET 2:** SUITE 950
- **CITY:** FORT WORTH
- **STATE:** TX
- **ZIP:** 76116

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** OilCo Holdings, Inc.
- **DATE OF NAME CHANGE:** 20220706

**UNITED STATES<br> SECURITIES AND EXCHANGE COMMISSION**<br> **Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT<br> Pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported): **February 27, 2023**

**Next Bridge Hydrocarbons, Inc.** ****<br> (Exact name of registrant as specified in its charter)

**Nevada**<br> (State or other jurisdiction<br> of incorporation)

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| | |
|:---|:---|
| **333-266143** | **87-2538731** |
| (Commission<br> File Number) | (IRS Employer<br> Identification No.) |
| **6300 Ridglea Place, Suite 950<br> Fort Worth, Texas** | **76116** |
| (Address of principal executive offices) | (Zip Code) |

---

**(817) 438-1937**<br> Registrant's telephone number, including area code

**Not applicable**<br> (Former name or former address, if changed since last report)

Securities registered pursuant to Section 12(b) of the Act: **None**

Check the appropriate box below if the form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

&nbsp;&nbsp;&nbsp;&nbsp;□ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

&nbsp;&nbsp;&nbsp;&nbsp;□ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

&nbsp;&nbsp;&nbsp;&nbsp;□ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

&nbsp;&nbsp;&nbsp;&nbsp;□ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ⌧

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. □

---

| | |
|:---|:---|
| **Item 7.01** | **Regulation FD Disclosure** |

---

On February 27, 2023, Next Bridge Hydrocarbons, Inc. (the "Company") issued a press release providing certain recent developments and addressing inquiries from the Company's shareholders regarding the distribution of shares of the Company's common stock in connection with the spin-off of the Company from Meta Materials, Inc. completed on December 14, 2022. A copy of the press release is attached hereto as Exhibit 99.1.

The information in this Item 7.01 of this Current Report on Form 8-K and Exhibit 99.1 attached hereto shall be deemed "furnished" and not "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended and shall not be incorporated by reference into any filing with the SEC made by the Company.

---

| | |
|:---|:---|
| **Item 9.01** | **Financial Statements and Exhibits** |

---

---

| | |
|:---|:---|
| *Exhibit* |  |
| *Number* | *Description* |
| [99.1](ex99-1.htm) | [Press release dated February 27, 2023.](ex99-1.htm) |

---

**<u>SIGNATURES</u>**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | | |
|:---|:---|:---|:---|
|  | NEXT BRIDGE HYDROCARBONS, INC. | NEXT BRIDGE HYDROCARBONS, INC. | NEXT BRIDGE HYDROCARBONS, INC. |
| Date: February 27, 2023 | By: | /s/ Clifton DuBose, Jr. | /s/ Clifton DuBose, Jr. |
|  |  | Name: | Clifton DuBose, Jr. |
|  |  | Title: | Chairman and Chief Executive Officer |

---

## Exhibit 99.1

**Exhibit 99.1**

![](image_001.jpg)

**NEXT BRIDGE HYDROCARBONS, INC.**

**PROVIDES OPERATIONAL UPDATE**

 ****

***Successful drilling in the Orogrande Prospect***

***Results to determine Orogrande drilling program***

 ****

**FORT WORTH – February 27, 2023 – Next Bridge Hydrocarbons, Inc.** ("Next Bridge," "our," "we," or the "Company"), a private oil and gas exploration and production company with interests in Texas and Oklahoma, today provided an operational update on its development of its Orogrande Basin asset, the Orogrande Project, located in Hudspeth County, Texas.

The Company announced that it has successfully drilled five wells in the Orogrande Prospect, which combined with the five wells drilled in 2021 confirmed the potential of at least five distinct reservoirs. In addition, the Company has drilled its first wells in Block E of the Orogrande Prospect which revealed hydrocarbon potential from an additional shallow zone.

Commenting on the operational update, Clifton DuBose, Jr., Next Bridge's Chairman and Chief Executive Officer, stated, "We are pleased to report the completion of five new wells in the Orogrande Prospect in advance of the March 31, 2023 deadline under our University Lands lease requirement. The data collected from these five wells, in addition to the five wells drilled in 2021, confirmed that there are at least five potential distinct reservoirs under our acreage. Also, our operations team deployed a new mist drilling solution which increased hole stability, which we believe will result in meaningful cost savings for additional wells drilled in the Orogrande Prospect.

"While these five wells may have potential to produce hydrocarbons to sell commercially in the future, we have no immediate plans to deploy the additional capital necessary to sell production from these wells to third parties. Instead, we plan to use the results from these wells to determine our drilling plans for future wells, including reservoir locations, target depths and designated acreage, in the Orogrande Prospect," concluded DuBose.

The Company also provided an update on the distribution of shares following the recent Next Bridge spin-off from Meta Materials ("Meta" and the "Spin Off"). American Stock Transfer & Trust Company, LLC ("AST"), the registrar and transfer agent for Meta and Next Bridge, has notified the Company that it has completed the distribution of shares of common stock to all of the brokers of record at the time of the Spin-Off. If your broker is not showing your shares in your brokerage account, it is not because your broker has not received the shares from AST. Any questions regarding MMTLP share ownership should be directed to the investor's brokerage and/or AST. For additional information, please visit the 'Investors" page of the Next Bridge website, <u>https://www.nextbridgehydrocarbons.com/</u>, for a comprehensive list of frequently asked questions (FAQs), AST's contact information, SEC filings and material news announcements.

To receive timely emails with respect to corporate developments concerning the Company, please visit <u>www.nextbridgehydrocarbons.com</u> and complete the Investor Form. You may also choose to follow our social media channels at @nbhydrocarbons on Twitter and "Next Bridge Hydrocarbons" on LinkedIn. To view a video introduction of the Next Bridge management team, please visit: <u>https://www.nextbridgehydrocarbons.com/management</u>.

**About Next Bridge Hydrocarbons, Inc.**

Next Bridge Hydrocarbons, Inc. is an independent public reporting energy company engaged in the acquisition, exploration, exploitation and/or development of oil and natural gas properties in the United States. Our primary focus has been the development of interests in an oil and gas project consisting of 134,000 contiguous gross acres we hold in the Orogrande Basin in West Texas in Hudspeth County, Texas. In addition, we have minor interests in the Eastern edge of the Midland Basin in Texas, and two minor well interests in Oklahoma. Please visit <u>www.nextbridgehydrocarbons.com</u> for more information.

This statement may contain "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current expectations and are subject to a number of factors and uncertainties which could cause actual results to differ materially from those described herein. Although the Company believes the expectations in such statements to be reasonable, there can be no assurance that such expectations will prove to be correct. Information concerning the assumptions, uncertainties and risks that may affect the actual results can be found in the Company's filings with the Securities and Exchange Commission ("SEC") available on the Company's website or the SEC's website at <u>www.sec.gov</u>.

<u>Contact:</u>

Dennard Lascar Investor Relations

<u>NextBridge@dennardlascar.com</u>