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Okmin Resources OKMN · USD

Energy · US listing · 🇺🇸 United States

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0.06

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Close of 6 Nov 2026, in USD

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About Okmin Resources

From its filings with the US Securities and Exchange Commission

SEC filings

Okmin Resources is based in Encino, California and is incorporated in Nevada. Its shares trade on OTC under the ticker OKMN. The SEC classifies its business as crude petroleum & natural gas. In the fiscal year to 30 June 2026, it reported revenue of $8,859 and a net loss of $367,299. At that date it held total assets of $87,897 and shareholders' equity of −$642,779.

In its own words

The Company will evaluate other strategic corporate opportunities as they become available from time to time.

Deploy capital in a strategic manner and review opportunities to raise additional funds to maintain liquidity. We will be highly selective in the projects we evaluate and will review opportunities to improve our financial position through various means.

Evaluate and Pursue Value-Enhancing Transactions. We will continuously evaluate strategic opportunities that we believe will enhance shareholder value.

Quoted from its 10-K, filed 13 Oct 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Listed since
30 Aug 2022
Head office
16501 VENTURA BLVD., ENCINO, CA, 91436
Incorporated in
NV
Classification
Crude Petroleum & Natural Gas
Filer status
Non-accelerated filer<br>Smaller reporting company<br>Emerging growth company

Leadership

Pay as last reported

  • Mr. Jonathan HerzogPresident, Chief Executive Officer, Chief Financial Officer, Secretary, Director, since 2020$162,000
  • Mr. Shmuel NaparstekDirector

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Okmin Resources focuses on domestic oil and gas field acquisition and development in Oklahoma and Kansas.
  • The company holds four key projects including Blackrock Joint Venture and Vitt oil lease in Oklahoma and Kansas.
  • Okmin Resources has a 50% joint venture interest in West Sheppard Pool and Pushmataha natural gas projects.

Weaknesses

  • Okmin Resources has a 50% joint venture interest in Chain Lease covering 160 Acres in Okmulgee County.
  • The company's projects are limited to Oklahoma and Kansas with no international presence.
  • Okmin Resources has only one IPO date of 30 August 2022 for its public listing.

Opportunities

  • Okmin Resources can expand its portfolio by acquiring additional mineral rights in Oklahoma and Kansas.
  • The company may develop new natural gas projects in Northeast and Southeast Oklahoma.
  • Okmin Resources could increase its interest in existing projects like Vitt oil lease in Neosho County, Kansas.

Threats

  • Okmin Resources faces competition from other oil and gas firms in Oklahoma and Kansas markets.
  • The company's projects are vulnerable to fluctuations in oil and gas prices globally.
  • Okmin Resources has no international operations to mitigate regional market risks.

Sources and methodology

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Chart on the Overview
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