Metawells Oil & Gas Inc.
KOSK
Other OTC0.01
USD
- -
- -
ISIN
US68246L1044
CUSIP
68246L104
Return %
Stock
S&P500
1Y
-58.48
26.57
3Y
122.22
76.60
5Y
-62.26
78.48
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Ronald Minsky
- Full Time Employees
- 3
- Sector
- Healthcare
- Industry
- Medical - Distribution
- Address
- 600 Mamaroneck Avenue Harrison NY United States of America 10528
- IPO Date
- Jul 22, 2009
- Website
- metawellsinc.com
- Similar Companies
- Business
- Metawells Oil & Gas Inc. (OTC Pink: KOSK) operates as a development-stage energy company focused on acquiring, developing, and producing oil and gas resources through multi-zone development and enhanced oil recovery (EOR) techniques targeting extreme shallow medium gravity oil reserves; the company pursues opportunities in proven domestic U.S. basins, including the Eastern Permian Basin of Texas and onshore Louisiana near the Gulf Coast, revitalizing abandoned wells, aging fields, and previously exploited reserves using methods such as methane capture and green technologies like PENG for environmental compliance and revenue generation. Incorporated in 2004 and headquartered in Harrison, New York, with a Nevada base, Metawells engages a small team of three employees led by Chairman and CEO Ronald Minsky, alongside industry experts boasting over 20 years of experience in exploration, production, project management, and safety protocols; its operations emphasize safety-first approaches, minimal environmental impact, and strategic growth across North America, serving accredited investors and shareholders through a diversified portfolio that now incorporates emerging technology sectors like artificial intelligence for operational efficiencies. In recent developments, the company changed its name from One Step Vending Corp. to Metawells Oil & Gas Inc. in January 2024 to reflect its energy pivot; it signed a letter of intent in April 2024 with Global Oil & Gas Recovery Corp. to merge and implement EOR on U.S. and Canadian wells, announced South Plains Petroleum Inc. as a merger target in early 2025 with the latter offering 10% convertible bonds to fund Texas Permian drilling (estimated 2.25-2.5 million barrels recoverable on Swenson Ranch leases plus 800,000 on Welch leases, PV10 exceeding $47 million) and Louisiana salt water disposal for restarting high-pressure gas/oil wells (18+ BCF gas and 1.8 million barrels oil, PV10 $35+ million); advanced AI sector acquisition talks in August 2025 for diversification; and finalized the South Plains Petroleum acquisition agreement in November 2025 while appointing Stefanos Kalogirou as Board President effective November 1, 2025, succeeding Minsky who transitioned to senior advisor amid 606.7 million outstanding shares and aggressive "Drill, Baby, Drill" expansion plans.
South Plains Petroleum, Inc. Accepts Metawells Oil and Gas, Inc. Merger Offer
Metawells Oil & Gas Inc. Releases Current Updates
Metawells Oil & Gas Inc. (KOSK) & Global Oil & Gas Recovery Corp. Sign Letter of Intent to Commence Merger
One Step Vending Corp. Announces Addition of a New Member at the Board of Directors
One Step Vending Corp., Company Updates on Metawells Oil & Gas Inc.
One Step Vending Corp. Announces Filing for the Company Name Change with the State of Nevada
One Step Vending Corp. Announces Change of Business Sector to Gas and Oil