- Business
- Okmin Resources, Inc. (OTCQB: OKMN) is a natural resource exploration-stage company focused on the acquisition, exploration, and development of oil and gas properties, mineral rights, and other natural resource assets within the Cherokee Platform in northeastern Oklahoma and southeastern Kansas; its core assets include a 160-acre lease in Neosho County, Kansas, a 10% overriding royalty interest in the West Sheppard Pool Field covering 17 leases on approximately 2,000 acres in Okmulgee County, Oklahoma, and a 95% joint venture interest in the Pushmataha Natural Gas Field in southeast Oklahoma, encompassing roughly 7,459 gross acres and 82 oil and gas wells overall. Founded in 2020 and headquartered at 16501 Ventura Blvd., Suite 400, Encino, California 91436, with an operational office in Oklahoma City, Oklahoma, the company targets lower-profile rework and recompletion opportunities in domestic mid-continent oil and gas fields. In August 2025, Okmin exchanged its 50% working interest in the Blackrock Joint Venture oil and gas leases for $25,000 cash and an additional 45% interest in the Pushmataha Gas Field, increasing its ownership there from 50% to 95%; earlier, in November 2024, it restructured its 50% working interest in the West Sheppard Pool into the current 10% overriding royalty interest to reduce financial commitments while retaining upside exposure.