8-K
filed January 19, 2024, 6:59 PM ET
CIK 0001936756
leadership
confidence high
sentiment positive
materiality 0.80
Next Bridge Hydrocarbons appoints new CEO/CFO; reports Johnson prospect discovery well with 800+ mcf daily rate
Next Bridge Hydrocarbons, Inc.
- CEO Clifton DuBose and CFO Luke Hawkins resign effective Jan 15, 2024; Chairman Gregory McCabe becomes CEO, Roger Wurtele becomes CFO.
- Edward Pocock III appointed to the board of directors.
- Johnson E23 #4 well discovered Penn Sand formation, peak daily test rate >800 mcf, depth <2,100 ft, open hole natural completion.
- Company engages Token Team, LLC to explore potential blockchain listing for liquidity solution.
- Company continues to voice concerns about unresolved short positions in MMTLP and seeks transparency from regulators.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Edward Pocock III was appointed as Director at Next Bridge Hydrocarbons, Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
The Board also announced the appointment of Edward Pocock III as a director to serve on the Board until the next annual meeting
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Roger Wurtele was appointed as Chief Financial Officer at Next Bridge Hydrocarbons, Inc..
- Action
- appointed
- Role
- Chief Financial Officer
Exact text from the filing
and the appointment of Roger Wurtele as the Chief Financial Officer of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Gregory McCabe was appointed as Chief Executive Officer at Next Bridge Hydrocarbons, Inc..
- Action
- appointed
- Role
- Chief Executive Officer
Exact text from the filing
On January 19, 2024, the Board announced that it has appointed Gregory McCabe, the current Chairman of the Board, as Chief Executive Officer of the Company, effective as of January 15, 2024.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Luke Hawkins resigned as Chief Financial Officer at Next Bridge Hydrocarbons, Inc..
- Action
- resigned
- Role
- Chief Financial Officer
Exact text from the filing
In addition, Luke Hawkins provided to the Company a notice of his resignation as Chief Financial Officer of the Company and all positions held at each of its subsidiaries, each effective as of January 15, 2024.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Clifton DuBose, Jr. resigned as Chief Executive Officer and President at Next Bridge Hydrocarbons, Inc..
- Action
- resigned
- Role
- Chief Executive Officer and President
Exact text from the filing
On January 15, 2024, Clifton DuBose, Jr. provided to Next Bridge Hydrocarbons, Inc. (the “Company”) a notice of his resignation from the Board of Directors (the “Board”) and as Chief Executive Officer and President of the Company and all positions held at each of its subsidiaries.
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.