# EDGAR Filing Document

**Accession Number:** 0001936756
**File Stem:** 0001199835-26-000129
**Filing Date:** 2026-5
**Character Count:** 33185
**Document Hash:** aaf8be9e9eb6d750998540407e6361ae
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001199835-26-000129.hdr.sgml**: 20260507

**ACCESSION NUMBER**: 0001199835-26-000129

**CONFORMED SUBMISSION TYPE**: S-1/A

**PUBLIC DOCUMENT COUNT**: 15

**FILED AS OF DATE**: 20260507

**DATE AS OF CHANGE**: 20260507

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Next Bridge Hydrocarbons, Inc.
- **CENTRAL INDEX KEY:** 0001936756
- **STANDARD INDUSTRIAL CLASSIFICATION:** CRUDE PETROLEUM & NATURAL GAS [1311]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 872538731
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** S-1/A
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-269366
- **FILM NUMBER:** 26954986

**BUSINESS ADDRESS:**
- **STREET 1:** 500 W. TEXAS AVE.
- **STREET 2:** SUITE 890
- **CITY:** MIDLAND
- **STATE:** TX
- **ZIP:** 79701
- **BUSINESS PHONE:** 817-438-1937

**MAIL ADDRESS:**
- **STREET 1:** 500 W. TEXAS AVE.
- **STREET 2:** SUITE 890
- **CITY:** MIDLAND
- **STATE:** TX
- **ZIP:** 79701

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

?xml version='1.0' encoding='ASCII'?

**As filed with the U.S. Securities and Exchange Commission on May 7, 2026.**

**Registration No. 333-269366**

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**Amendment No. 9**

**to**

**FORM S-1/A**

**REGISTRATION STATEMENT**

***UNDER***

***THE SECURITIES ACT OF 1933***

**Next Bridge Hydrocarbons, Inc.**

**(Exact name of registrant as specified in its Charter)**

---

| | | |
|:---|:---|:---|
| **Nevada** | **1311** | **87-2538731** |
| **(State or other jurisdiction of<br> incorporation or organization)** | **(Primary Standard Industrial** <br> **Classification Code Number)** <br>**500 W. Texas Avenue, Suite 890** <br> **Midland TX 79701** <br> **(432) 684-0018** | **(I.R.S. Employer<br> Identification No.)** |

---

 **(Address, including zip code, and telephone number, including area code, of registrant's principal executive office)**

**Gregory McCabe** 

**Chairman and Chief Executive Officer**

500 W. Texas Avenue, Suite 890

Midland TX 9701

 **(432) 684-0018**

**(Name, address, including zip code, and telephone number, including area code, of agent for service)**

***With copies to:***

---

| | |
|:---|:---|
| **Jack E. Jacobsen** <br> **Jason A. Schumacher** <br> **O'Melveny & Myers LLP** <br> **2801 N. Harwood Street, Suite 1600** <br> **Dallas, TX 75201** <br> **214-647-9270** | **Mike Hedge** <br> **Jason Dreibelbis** <br> **K&L Gates LLP** <br> **1 Park Plaza** <br> **Twelfth Floor** <br> **Irvine, California 92614** <br> **949-253-0900** |

---

**Approximate date of commencement of proposed sale to the public**: As soon as practicable after the effective date of this registration statement.

If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, check the following box. ⌧

If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. □

If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. □

If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. □

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.

---

| | | | |
|:---|:---|:---|:---|
| Large Accelerated filer | □ | Accelerated filer | □ |
| Non-accelerated Filer | ⌧ | Smaller reporting company | ⌧ |
|  |  | 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 to Section 7(a)(2)(B) of the Securities Act. □

**The Registrant hereby amends this Registration Statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this Registration Statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933, as amended, or until the Registration Statement shall become effective on such date as the Securities and Exchange Commission, acting pursuant to said Section 8(a), may determine.** 

**EXPLANATORY NOTE**

Next Bridge Hydrocarbons, Inc. is filing this pre-effective amendment No. 9 to the Registration Statement on Form S-1/A (File No. 333-269366) (the "**Amendment No. 9**") as an *exhibit only* filing. Accordingly, this Amendment No. 9 contains the facing page, this explanatory note, Item 16 of Part II of the Registration Statement, and the signature page. The remainder of the Registration Statement is unchanged and therefore been omitted.

**PART II- INFORMATION NOT REQUIRED IN THE PROSPECTUS**

**Item 16. Exhibits and Financial Statement Schedules.**

&nbsp;&nbsp;&nbsp;&nbsp;(a) Exhibits.

---

| | |
|:---|:---|
| **Exhibit<br> <u>Number</u>** | **<u>Exhibit Description</u>** |
| [2.1](https://www.sec.gov/Archives/edgar/data/1936756/000119312522238430/d302576dex21.htm) | [Distribution Agreement between Meta Materials Inc. and Next Bridge Hydrocarbons, Inc., dated December 2, 2022 (incorporated by reference to Exhibit 2.1 to the Registration Statement on Form S-1, as amended, effective as of November 18, 2022 (File No. 333-266143)).](https://www.sec.gov/Archives/edgar/data/1936756/000119312522238430/d302576dex21.htm) |
| [2.2](https://www.sec.gov/Archives/edgar/data/1936756/000119983522000856/nbh_ex10-1.htm) | [Agreement and Plan of Merger among Next Bridge Hydrocarbons, Inc., Hudspeth Operating, LLC, Wolfbone Investments, LLC, McCabe Petroleum Corporation, and Gregory McCabe, dated December 21, 2022 (incorporated by reference to Exhibit 10.1 to our Current Report on Form 8-K, filed December 27, 2022).](https://www.sec.gov/Archives/edgar/data/1936756/000119983522000856/nbh_ex10-1.htm) |
| [3.1](https://www.sec.gov/Archives/edgar/data/1936756/000119312522194228/d302576dex31.htm) | [First Amended and Restated Articles of Incorporation of Next Bridge Hydrocarbons, Inc. (incorporated by reference to Exhibit 3.1 to our Registration Statement on Form S-1, as amended, effective as of November 18, 2022 (File No. 333-266143)).](https://www.sec.gov/Archives/edgar/data/1936756/000119312522194228/d302576dex31.htm) |
| [3.2](https://www.sec.gov/Archives/edgar/data/1936756/000119312522194228/d302576dex32.htm) | [Amended and Restated By-laws of Next Bridge Hydrocarbons, Inc. (incorporated by reference to Exhibit 3.2 to our Registration Statement on Form S-1, as amended, effective as of November 18, 2022 (File No. 333-266143)).](https://www.sec.gov/Archives/edgar/data/1936756/000119312522194228/d302576dex32.htm) |
| [4.1](https://www.sec.gov/Archives/edgar/data/1936756/000119983525000291/nbh-ex4_1.htm) | [Certificate of Designations of Series A Redeemable Preferred Stock (incorporated by reference to Exhibit 4.1 to our Current Report on Form 8-K, filed August 26, 2025).](https://www.sec.gov/Archives/edgar/data/1936756/000119983525000291/nbh-ex4_1.htm) |
| [4.2](https://www.sec.gov/Archives/edgar/data/1936756/000119983526000034/nbh-ex3_1.htm) | [Certificate of Correction of the Certificate of Designation of Series C Preferred Stock, filed January 20, 2026 (incorporated by reference to Exhibit 3.1 to our Current Report on Form 8-K, filed January 23, 2026).](https://www.sec.gov/Archives/edgar/data/1936756/000119983526000034/nbh-ex3_1.htm) |
| [5.1](nbh-ex5_1.htm) | [Opinion of Woodburn and Wedge\*](nbh-ex5_1.htm) |
| [10.1+](https://www.sec.gov/Archives/edgar/data/1936756/000119312522238430/d302576dex107.htm) | [2022 Equity Incentive Plan of Next Bridge Hydrocarbons, Inc. (incorporated by reference to Exhibit 10.7+ to our Registration Statement on Form S-1, as amended, effective as of November 18, 2022 (File No. 333-266143)).](https://www.sec.gov/Archives/edgar/data/1936756/000119312522238430/d302576dex107.htm) |
| [10.2](https://www.sec.gov/Archives/edgar/data/1936756/000119312522238430/d302576dex109.htm) | [Purchase Agreement dated April 4, 2016, by and among McCabe Petroleum Corporation, Torchlight Energy Resources, Inc. and Torchlight Energy, Inc. (incorporated by reference to Exhibit 10.9 to our Registration Statement on Form S-1, as amended, effective as of November 18, 2022 (File No. 333-266143)).](https://www.sec.gov/Archives/edgar/data/1936756/000119312522238430/d302576dex109.htm) |
| [10.3](https://www.sec.gov/Archives/edgar/data/1936756/000119312522194228/d302576dex105.htm) | [Option Agreement, by and among Torchlight Energy, Inc., Torchlight Hazel, LLC, Masterson Hazel Partners, LP and McCabe Petroleum Corporation, dated August 13, 2020 (incorporated by reference to Exhibit 10.10 to our Registration Statement on Form S-1, as amended, effective as of November 18, 2022 (File No. 333-266143)).](https://www.sec.gov/Archives/edgar/data/1936756/000119312522194228/d302576dex105.htm) |

---

---

| | |
|:---|:---|
| [10.4](https://www.sec.gov/Archives/edgar/data/1936756/000119312522194228/d302576dex106.htm) | [First Amendment to Option Agreement, by and among Torchlight Energy, Inc., Torchlight Hazel, LLC, Masterson Hazel Partners, LP and McCabe Petroleum Corporation, dated September 18, 2020 (incorporated by reference to Exhibit 10.11 to our Registration Statement on Form S-1, as amended, effective as of November 18, 2022 (File No. 333-266143)).](https://www.sec.gov/Archives/edgar/data/1936756/000119312522194228/d302576dex106.htm) |
| [10.5](https://www.sec.gov/Archives/edgar/data/1936756/000119312522194228/d302576dex107.htm) | [Second Amendment to Option Agreement, by and among Torchlight Energy, Inc., Torchlight Hazel, LLC, Masterson Hazel Partners, LP and McCabe Petroleum Corporation, dated April 15, 2021 (incorporated by reference to Exhibit 10.12 to our Registration Statement on Form S-1, as amended, effective as of November 18, 2022 (File No. 333-266143)).](https://www.sec.gov/Archives/edgar/data/1936756/000119312522194228/d302576dex107.htm) |
| [10.6](https://www.sec.gov/Archives/edgar/data/1936756/000119312522194228/d302576dex108.htm) | [Secured Promissory Note, between Next Bridge Hydrocarbons, Inc., as debtor, and Meta Materials, Inc., as holder, dated October 1, 2021 (incorporated by reference to Exhibit 10.13 to our Registration Statement on Form S-1, as amended, effective as of November 18, 2022 (File No. 333-266143)).](https://www.sec.gov/Archives/edgar/data/1936756/000119312522194228/d302576dex108.htm) |
| [10.7](https://www.sec.gov/Archives/edgar/data/1936756/000119312522238430/d302576dex1015.htm) | [First Amendment to Secured Promissory Note, between Next Bridge Hydrocarbons, Inc., as debtor, and Meta Materials, Inc., as holder, dated September 2, 2022 (incorporated by reference to Exhibit 10.14 to our Registration Statement on Form S-1, as amended, effective as of November 18, 2022).](https://www.sec.gov/Archives/edgar/data/1936756/000119312522238430/d302576dex1015.htm) |
| [10.8](https://www.sec.gov/Archives/edgar/data/1936756/000119312522238430/d302576dex1016.htm) | [Loan Agreement between Meta Materials, Inc. and Next Bridge Hydrocarbons, Inc., dated September 2, 2022 (incorporated by reference to Exhibit 10.15 to our Registration Statement on Form S-1, as amended, effective as of November 18, 2022 (File No. 333-266143)).](https://www.sec.gov/Archives/edgar/data/1936756/000119312522238430/d302576dex1016.htm) |
| [10.9](https://www.sec.gov/Archives/edgar/data/1936756/000119983522000856/nbh_ex10-2.htm) | [5% Unsecured Promissory Note by Next Bridge Hydrocarbons, Inc. in favor of Greg McCabe, dated December 21, 2022 (incorporated by reference to Exhibit 10.21 to our Current Report on Form 8-K, filed December 27, 2022).](https://www.sec.gov/Archives/edgar/data/1936756/000119983522000856/nbh_ex10-2.htm) |
| [10.10](https://www.sec.gov/Archives/edgar/data/1936756/000119983523000333/nbh_ex10-1.htm) | [First Amendment to Unsecured Promissory Note, between Next Bridge Hydrocarbons, Inc., as debtor, and Gregory McCabe, dated June 16, 2023 (incorporated by reference to Exhibit 10.1 to our Current Report on Form 8-K, filed June 26, 2023).](https://www.sec.gov/Archives/edgar/data/1936756/000119983523000333/nbh_ex10-1.htm) |
| [10.11](https://www.sec.gov/Archives/edgar/data/1936756/000119983523000507/nbhi_ex10-1.htm) | [Third Amendment to Secured Promissory Note, between Next Bridge Hydrocarbons, Inc., as debtor, and Gregory McCabe, as holder, dated October 1, 2023 (incorporated by reference to Exhibit 10.1 to our Current Report on Form 8-K, filed October 4, 2023).](https://www.sec.gov/Archives/edgar/data/1936756/000119983523000507/nbhi_ex10-1.htm) |

---

---

| | |
|:---|:---|
| [10.12](https://www.sec.gov/Archives/edgar/data/1936756/000119983523000507/nbhi_ex10-2.htm) | [Third Amendment to Loan Agreement between Gregory McCabe and Next Bridge Hydrocarbons, Inc., dated October 1, 2023 (incorporated by reference to Exhibit 10.2 to our Current Report on Form 8-K, filed October 4, 2023).](https://www.sec.gov/Archives/edgar/data/1936756/000119983523000507/nbhi_ex10-2.htm) |
| [10.13](https://www.sec.gov/Archives/edgar/data/1936756/000119983523000507/nbhi_ex10-3.htm) | [Second Amendment to Unsecured Promissory Note, between Next Bridge Hydrocarbons, Inc., as debtor, and Gregory McCabe as holder, dated October 1, 2023 (incorporated by reference to Exhibit 10.3 to our Current Report on Form 8-K, filed October 4, 2023).](https://www.sec.gov/Archives/edgar/data/1936756/000119983523000507/nbhi_ex10-3.htm) |
| [10.14](https://www.sec.gov/Archives/edgar/data/1936756/000119983524000050/nbh-ex10_33.htm) | [Fourth Amendment to Loan Agreement, dated December 31, 2023, between Gregory McCabe and Next Bridge Hydrocarbons, Inc. (incorporated by reference to Exhibit 10.33 to our Registration Statement on Form S-1, as amended, filed January 25, 2024).](https://www.sec.gov/Archives/edgar/data/1936756/000119983524000050/nbh-ex10_33.htm) |
| [10.15](https://www.sec.gov/Archives/edgar/data/1936756/000119983524000050/nbh-ex10_34.htm) | [Fourth Amendment to Secured Promissory Note, between Next Bridge Hydrocarbons, Inc., as debtor, and Gregory McCabe, as holder, dated December 31, 2023 (incorporated by reference to Exhibit 10.34 to our Registration Statement on Form S-1, as amended, filed January 25, 2024).](https://www.sec.gov/Archives/edgar/data/1936756/000119983524000050/nbh-ex10_34.htm) |
| [10.16](https://www.sec.gov/Archives/edgar/data/1936756/000119983524000050/nbh-ex10_35.htm) | [Third Amendment to Unsecured Promissory Note, between Next Bridge Hydrocarbons, Inc., as debtor, and Gregory McCabe as holder, dated December 31, 2023 (incorporated by reference to Exhibit 10.35 to our Registration Statement on Form S-1, as amended, filed January 25, 2024).](https://www.sec.gov/Archives/edgar/data/1936756/000119983524000050/nbh-ex10_35.htm) |
| [10.17](https://www.sec.gov/Archives/edgar/data/1936756/000119983524000258/nbh-ex10_28.htm) | [0% Senior Unsecured Promissory Note, dated January 23, 2024, between Gregory McCabe and Next Bridge Hydrocarbons, Inc. (incorporated by reference to Exhibit 10.28 to our Annual Report on Form 10-K, filed July 17, 2024).](https://www.sec.gov/Archives/edgar/data/1936756/000119983524000258/nbh-ex10_28.htm) |
| [10.18](https://www.sec.gov/Archives/edgar/data/1936756/000119983524000258/nbh-ex10_31.htm) | [Fifth Amendment to Loan Agreement, dated March 31, 2024, between Gregory McCabe and Next Bridge Hydrocarbons, Inc. (incorporated by reference to Exhibit 10.31 to our Annual Report on Form 10-K, filed July 17, 2024).](https://www.sec.gov/Archives/edgar/data/1936756/000119983524000258/nbh-ex10_31.htm) |
| [10.19](https://www.sec.gov/Archives/edgar/data/1936756/000119983524000258/nbh-ex10_32.htm) | [Fifth Amendment to Secured Promissory Note, between Next Bridge Hydrocarbons, Inc., as debtor, and Gregory McCabe, as holder, dated March 31, 2024. (incorporated by reference to Exhibit 10.32 to our Annual Report on Form 10-K, filed July 17, 2024).](https://www.sec.gov/Archives/edgar/data/1936756/000119983524000258/nbh-ex10_32.htm) |
| [10.20](https://www.sec.gov/Archives/edgar/data/1936756/000119983524000258/nbh-ex10_33.htm) | [Fourth Amendment to Unsecured Promissory Note, between Next Bridge Hydrocarbons, Inc., as debtor, and Gregory McCabe as holder, dated March 31, 2024. (incorporated by reference to Exhibit 10.33 to our Annual Report on Form 10-K, filed July 17, 2024).](https://www.sec.gov/Archives/edgar/data/1936756/000119983524000258/nbh-ex10_33.htm) |
| [10.21](https://www.sec.gov/Archives/edgar/data/1936756/000119983524000258/nbh-ex10_34.htm) | [Sixth Amendment to Loan Agreement, dated June 30, 2024, between Gregory McCabe and Next Bridge Hydrocarbons, Inc. (incorporated by reference to Exhibit 10.34 to our Annual Report on Form 10-K, filed July 17, 2024).](https://www.sec.gov/Archives/edgar/data/1936756/000119983524000258/nbh-ex10_34.htm) |
| [10.22](https://www.sec.gov/Archives/edgar/data/1936756/000119983524000258/nbh-ex10_35.htm) | [Sixth Amendment to Secured Promissory Note, between Next Bridge Hydrocarbons, Inc., as debtor, and Gregory McCabe, as holder, dated June 30, 2024. (incorporated by reference to Exhibit 10.35 to our Annual Report on Form 10-K, filed July 17, 2024).](https://www.sec.gov/Archives/edgar/data/1936756/000119983524000258/nbh-ex10_35.htm) |

---

---

| | |
|:---|:---|
| [10.23](https://www.sec.gov/Archives/edgar/data/1936756/000119983524000258/nbh-ex10_36.htm) | [Fifth Amendment to Unsecured Promissory Note, between Next Bridge Hydrocarbons, Inc., as debtor, and Gregory McCabe as holder, dated June 30, 2024. (incorporated by reference to Exhibit 10.36 to our Annual Report on Form 10-K, filed July 17, 2024).](https://www.sec.gov/Archives/edgar/data/1936756/000119983524000258/nbh-ex10_36.htm) |

---

---

| | |
|:---|:---|
| [10.24](https://www.sec.gov/Archives/edgar/data/1936756/000119983524000499/nbh-ex10_1.htm) | [Contribution Agreement with Wildcat Partners SPV, LLC, dated March 27, 2024 (incorporated by reference to Exhibit 10.1 to our Quarterly Report on Form 10-Q, filed November 13, 2024).](https://www.sec.gov/Archives/edgar/data/1936756/000119983524000499/nbh-ex10_1.htm) |
| [10.25](https://www.sec.gov/Archives/edgar/data/1936756/000119983524000499/nbh-ex10_2.htm) | [Participation Agreement with Magnetar Exploration L.P. for Valentine Prospect, dated March 27, 2024 (incorporated by reference to Exhibit 10.2 to our Quarterly Report on Form 10-Q, filed November 13, 2024).](https://www.sec.gov/Archives/edgar/data/1936756/000119983524000499/nbh-ex10_2.htm) |
| [10.26](https://www.sec.gov/Archives/edgar/data/1936756/000119983524000499/nbh-ex10_3.htm) | [Participation Agreement with Magnetar Exploration L.P. for Panther Prospect, dated March 27, 2024 (incorporated by reference to Exhibit 10.3 to our Quarterly Report on Form 10-Q, filed November 13, 2024).](https://www.sec.gov/Archives/edgar/data/1936756/000119983524000499/nbh-ex10_3.htm) |
| [10.27](https://www.sec.gov/Archives/edgar/data/1936756/000119983524000499/nbh-ex10_4.htm) | [Seventh Amendment to Loan Agreement, dated September 30, 2024, between Gregory McCabe and Next Bridge Hydrocarbons, Inc. (incorporated by reference to Exhibit 10.4 to our Quarterly Report on Form 10-Q, filed November 13, 2024).](https://www.sec.gov/Archives/edgar/data/1936756/000119983524000499/nbh-ex10_4.htm) |
| [10.28](https://www.sec.gov/Archives/edgar/data/1936756/000119983524000499/nbh-ex10_5.htm) | [Seventh Amendment to Secured Promissory Note, between Next Bridge Hydrocarbons, Inc., as debtor, and Gregory McCabe, as holder, dated September 30, 2024 (incorporated by reference to Exhibit 10.5 to our Quarterly Report on Form 10-Q, filed November 13, 2024).](https://www.sec.gov/Archives/edgar/data/1936756/000119983524000499/nbh-ex10_5.htm) |
| [10.29](https://www.sec.gov/Archives/edgar/data/1936756/000119983524000499/nbh-ex10_6.htm) | [Sixth Amendment to Unsecured Promissory Note, between Next Bridge Hydrocarbons, Inc., as debtor, and Gregory McCabe as holder, dated September 30, 2024 (incorporated by reference to Exhibit 10.6 to our Quarterly Report on Form 10-Q, filed November 13, 2024).](https://www.sec.gov/Archives/edgar/data/1936756/000119983524000499/nbh-ex10_6.htm) |
| [10.30](https://www.sec.gov/Archives/edgar/data/0001936756/000119983525000414/nbh-ex10_43.htm) | [Eighth Amendment to Loan Agreement, dated June 30, 2025, between Gregory McCabe and Next Bridge Hydrocarbons, Inc. (incorporated by reference to Exhibit 10.43 to our Annual Report on Form 10-K, filed December 11, 2025).](https://www.sec.gov/Archives/edgar/data/0001936756/000119983525000414/nbh-ex10_43.htm) |
| [10.31](https://www.sec.gov/Archives/edgar/data/0001936756/000119983525000414/nbh-ex10_44.htm) | [Eighth Amendment to Secured Promissory Note, between Next Bridge Hydrocarbons, Inc., as debtor, and Gregory McCabe, as holder, dated June 30, 2025 (incorporated by reference to Exhibit 10.44 to our Annual Report on Form 10-K, filed December 11, 2025).](https://www.sec.gov/Archives/edgar/data/0001936756/000119983525000414/nbh-ex10_44.htm) |
| [10.32](https://www.sec.gov/Archives/edgar/data/0001936756/000119983525000414/nbh-ex10_45.htm) | [Seventh Amendment to Unsecured Promissory Note, between Next Bridge Hydrocarbons, Inc., as debtor, and Gregory McCabe as holder, dated June 30, 2025 (incorporated by reference to Exhibit 10.45 to our Annual Report on Form 10-K, filed December 11, 2025).](https://www.sec.gov/Archives/edgar/data/0001936756/000119983525000414/nbh-ex10_45.htm) |
| [10.33](https://www.sec.gov/Archives/edgar/data/0001936756/000119983525000414/nbh-ex10_46.htm) | [Ninth Amendment to Loan Agreement, dated March 31, 2025, between Gregory McCabe and Next Bridge Hydrocarbons, Inc. (incorporated by reference to Exhibit 10.46 to our Annual Report on Form 10-K, filed December 11, 2025).](https://www.sec.gov/Archives/edgar/data/0001936756/000119983525000414/nbh-ex10_46.htm) |
| [10.34](https://www.sec.gov/Archives/edgar/data/0001936756/000119983525000414/nbh-ex10_47.htm) | [Ninth Amendment to Secured Promissory Note, between Next Bridge Hydrocarbons, Inc., as debtor, and Gregory McCabe, as holder, dated March 31, 2025 (incorporated by reference to Exhibit 10.46 to our Annual Report on Form 10-K, filed December 11, 2025).](https://www.sec.gov/Archives/edgar/data/0001936756/000119983525000414/nbh-ex10_47.htm) |
| [10.35](https://www.sec.gov/Archives/edgar/data/0001936756/000119983525000414/nbh-ex10_48.htm) | [Eighth Amendment to Unsecured Promissory Note, between Next Bridge Hydrocarbons, Inc., as debtor, and Gregory McCabe as holder, dated March 31, 2025 (incorporated by reference to Exhibit 10.48 to our Annual Report on Form 10-K, filed December 11, 2025).](https://www.sec.gov/Archives/edgar/data/0001936756/000119983525000414/nbh-ex10_48.htm) |
| [10.36](https://www.sec.gov/Archives/edgar/data/1936756/000119983525000291/nbh-ex10_1.htm) | [18% Unsecured Promissory Note for $6,000,000 (incorporated by reference to Exhibit 10.1 to our Current Report on Form 8-K, filed August 26, 2025).](https://www.sec.gov/Archives/edgar/data/1936756/000119983525000291/nbh-ex10_1.htm) |
| [10.37](https://www.sec.gov/Archives/edgar/data/1936756/000119983525000291/nbh-ex10_2.htm) | [Subordination Agreement (incorporated by reference to Exhibit 10.2 to our Current Report on Form 8-K, filed August 26, 2025).](https://www.sec.gov/Archives/edgar/data/1936756/000119983525000291/nbh-ex10_2.htm) |
| [10.38](https://www.sec.gov/Archives/edgar/data/1936756/000119983525000291/nbh-ex10_3.htm) | [Assignment of Net Profits Interest and Irrevocable Option to Convert to Working Interest (incorporated by reference to Exhibit 10.3 to our Current Report on Form 8-K, filed August 26, 2025).](https://www.sec.gov/Archives/edgar/data/1936756/000119983525000291/nbh-ex10_3.htm) |
| [10.39](https://www.sec.gov/Archives/edgar/data/0001936756/000119983525000414/nbh-ex10_52.htm) | [Tenth Amendment to Loan Agreement, dated June 30, 2025, between Gregory McCabe and Next Bridge Hydrocarbons, Inc. (incorporated by reference to Exhibit 10.52 to our Annual Report on Form 10-K, filed December 11, 2025).](https://www.sec.gov/Archives/edgar/data/0001936756/000119983525000414/nbh-ex10_52.htm) |

---

---

| | |
|:---|:---|
| [10.40](https://www.sec.gov/Archives/edgar/data/0001936756/000119983525000414/nbh-ex10_53.htm) | [Tenth Amendment to Secured Promissory Note, between Next Bridge Hydrocarbons, Inc., as debtor, and Gregory McCabe, as holder, dated June 30, 2025 (incorporated by reference to Exhibit 10.53 to our Annual Report on Form 10-K, filed December 11, 2025).](https://www.sec.gov/Archives/edgar/data/0001936756/000119983525000414/nbh-ex10_53.htm) |
| [10.41](https://www.sec.gov/Archives/edgar/data/0001936756/000119983525000414/nbh-ex10_54.htm) | [Ninth Amendment to Unsecured Promissory Note, between Next Bridge Hydrocarbons, Inc., as debtor, and Gregory McCabe as holder, dated June 30, 2025 (incorporated by reference to Exhibit 10.54 to our Annual Report on Form 10-K, filed December 11, 2025).](http://www.sec.gov/Archives/edgar/data/0001936756/000119983525000414/nbh-ex10_54.htm) |
| [10.42](https://www.sec.gov/Archives/edgar/data/1936756/000119983526000018/nbh-ex10_1.htm) | [Tenth Amendment to Unsecured Promissory Note, between Next Bridge Hydrocarbons, Inc., as debtor, and Gregory McCabe as holder, dated January 14, 2026 (incorporated by reference to Exhibit 10.1 to our Current Report on Form 8-K, filed January 16, 2026).](https://www.sec.gov/Archives/edgar/data/1936756/000119983526000018/nbh-ex10_1.htm) |
| [10.56](https://www.sec.gov/Archives/edgar/data/1936756/000119983526000119/nbh-ex10_56.htm) | [Placement Agent Agreement, dated April 30, 2026, between Next Bridge Hydrocarbons, Inc. and Roth Capital Partners, LLC\*\*](https://www.sec.gov/Archives/edgar/data/1936756/000119983526000119/nbh-ex10_56.htm) |
| [10.57](https://www.sec.gov/Archives/edgar/data/1936756/000119983526000119/nbh-ex10_57.htm) | [Form of Subscription Agreement\*\*](https://www.sec.gov/Archives/edgar/data/1936756/000119983526000119/nbh-ex10_57.htm) |
| [21.1](https://www.sec.gov/Archives/edgar/data/1936756/000119312522194228/d302576dex211.htm) | [List of subsidiaries of Next Bridge Hydrocarbons, Inc. (incorporated by reference to Exhibit 21.1 to the Annual Report on Form 10-K, filed April 9, 2026).](http://www.sec.gov/Archives/edgar/data/1936756/000119312522194228/d302576dex211.htm) |
| [23.1](https://www.sec.gov/Archives/edgar/data/1936756/000119983526000119/nbh-ex23_1.htm) | [Consent of M&K CPAS, PLLC (independent registered public accountant).\*\*](https://www.sec.gov/Archives/edgar/data/1936756/000119983526000119/nbh-ex23_1.htm) |
| [23.2](http://www.sec.gov/Archives/edgar/data/1936756/000119983523000041/nbh_ex5-1.htm) | [Consent of Woodburn and Wedge (included in Exhibit 5.1).\*\*](http://www.sec.gov/Archives/edgar/data/1936756/000119983523000041/nbh_ex5-1.htm) |
| [24.1](https://www.sec.gov/Archives/edgar/data/1936756/000119983523000041/nbh-s1.htm) | [Power of Attorney (included on the signature pages to the Registration Statement).\*\*](https://www.sec.gov/Archives/edgar/data/1936756/000119983523000041/nbh-s1.htm) |
| [107](https://www.sec.gov/Archives/edgar/data/1936756/000119983523000041/nbh_ex107.htm) | [Filing Fee Table.\*\*](https://www.sec.gov/Archives/edgar/data/1936756/000119983523000041/nbh_ex107.htm) |

---

&nbsp;&nbsp;&nbsp;&nbsp;† Certain
 exhibits and schedules to this Exhibit have been omitted in accordance with Regulation S-K Item 601(a)(5). The Registrant hereby
 agrees to furnish a copy of any omitted exhibits and schedules to the SEC upon its request.

+ Indicates a management contract or compensatory plan.

\* Filed herewith.

\*\* Previously filed, and incorporated by reference.

(b) Financial Statement Schedules

No financial statement schedules are provided because the information called for is not required or is shown either in our consolidated financial statements or notes thereto.

**SIGNATURES**

Pursuant to the requirements of the Securities Act, Next Bridge Hydrocarbons, Inc. has duly caused this amendment to registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the city of Fort Worth, Texas, on May 7, 2026.

**NEXT BRIDGE HYDROCARBONS, INC.**

---

| | |
|:---|:---|
| By: | /s/ Gregory McCabe |
| Name: Gregory McCabe | Name: Gregory McCabe |
| Title: Chairman and Chief Executive Officer | Title: Chairman and Chief Executive Officer |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Act, this registration statement has been signed by the following persons in the capacities and on the dates indicated.

---

| | | | |
|:---|:---|:---|:---|
| **Signature** | **Signature** | **Title** | **Date** |
| /s/ Gregory McCabe | /s/ Gregory McCabe | Chairman and Chief | May 7, 2026 |
| Gregory McCabe | Gregory McCabe | Executive Officer |  |
| \* | \* |  | May 7, 2026 |
| Roger Wurtele | Roger Wurtele | Chief Financial Officer |  |
| \* | \* |  | May 7, 2026 |
| Edward Pocock III | Edward Pocock III | Director |  |
| \* | \* |  | May 7, 2026 |
| Robert L. Cook | Robert L. Cook | Director |  |
| \*By: | /s/ Gregory McCabe |  |  |
|  | Attorney-in-fact |  |  |

---

## Exhibit 5.1

![](nb001_v3.jpg)

**Exhibit 5.1**

May 5, 2026

Next Bridge Hydrocarbons, Inc.

6300 Ridglea Place, Suite 950

Fort Worth, TX 76116

***Re: Next Bridge Hydrocarbons, Inc. Registration Statement on Form S-1***

Ladies and Gentlemen:

We have acted as counsel to Next Bridge Hydrocarbons, Inc., a Nevada corporation (the "<u>Company</u>"), in connection with the Registration Statement on Form S-1/A (Registration No. 333-269366) filed with the Securities and Exchange Commission on or about the date hereof (the "<u>Registration Statement</u>"), for the purpose of registering under the Securities Act of 1933, up to 40,000,000 shares of the Company's Common Stock, par value $0.0001 per share (the "<u>Shares</u>"). The Shares may be sold or delivered from time to time as set forth in the Registration Statement, any amendment thereto, the final prospectus contained therein (the "<u>Prospectus</u>").

We have examined the Registration Statement, the Prospectus, instruments, documents and records that we deemed relevant and necessary for the basis of our opinion hereinafter expressed. We have assumed the authenticity of all records, documents and instruments submitted to us as originals, the genuineness of all signatures, the legal capacity of natural persons and the conformity to the originals of all records, documents and instruments submitted to us as copies.

This opinion is limited to the Nevada Revised Statutes, and we disclaim any opinion as to the laws of any other jurisdiction. We further disclaim any opinion as to any other statute, rule, regulation, ordinance, order or other promulgation of any other jurisdiction or any regional or local governmental body or as to any related judicial or administrative opinion.

Based upon the foregoing and our examination of such questions of law as we have deemed necessary or appropriate for the purpose of this opinion, it is our opinion that the Shares are duly authorized, and when (i) the Registration Statement, as finally amended (including all necessary post-effective amendments), has become effective under the Securities Act; and (iv) issued in exchange for the consideration described in the Registration Statement, the Shares will be validly issued, fully paid and nonassessable.

This opinion is rendered to you in connection with the Registration Statement and is not to be relied upon for any other purpose. We disclaim any obligation to advise you of any change of law that occurs, or any facts of which we may become aware, after the date of this opinion.

![](nb001_v5.jpg)

![](nb001_v4.jpg)

We hereby consent to the filing of this opinion as an exhibit to the Registration Statement.

---

| | |
|:---|:---|
| Very truly yours, | Very truly yours, |
| WOODBURN AND WEDGE | WOODBURN AND WEDGE |
| By: | /S/ Shawn G. Pearson |
|  | Shawn G. Pearson |

---

![](nb001_v5.jpg)

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