---
schema_version: "secwatch.filing_event.v1"
accession: "0001079973-24-001563"
form_type: "8-K"
ticker: "OKMN"
cik: "0001848334"
company_name: "OKMIN RESOURCES, INC."
filed_at: "2024-11-18T23:59:59+00:00"
generated_at: "2026-05-29T23:12:51.105025+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Okmin assigns its 50% working interest in West Sheppard Pool for contingent royalty interest

## Summary
- Company assigned 50% working interest to Sheppard Pool Operating, LLC; will receive 10% ORRI after operator receives $22,850 in revenue.
- Operator can reduce ORRI to 5% via one-time $100,000 payment to Okmin within 4 years of effective date.
- West Sheppard Pool currently has no production; pipeline compressor failure and infrastructure repairs needed.
- CEO says deal keeps Okmin involved in upside without financial commitments, encouraging unified field development.

## SEC filing metadata
- accession: 0001079973-24-001563
- form_type: 8-K
- ticker: OKMN
- cik: 0001848334
- company_name: OKMIN RESOURCES, INC.
- filed_at: 2024-11-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 2.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1848334/000107997324001563/0001079973-24-001563-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1848334/000107997324001563/okmin_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-24-001563
- JSON: https://secwatch.observer/filing/0001079973-24-001563.json
- Plain text: https://secwatch.observer/filing/0001079973-24-001563.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.