Okmin Resources acquires 50% working interest in five Oklahoma oil and gas leases via JV with Blackrock Energy

OKMIN RESOURCES, INC.

Okmin Energy LLC entered joint venture to acquire 50% working interest in five leases in Okmulgee County, OK.
Project covers 739 acres, includes 14 existing wells (eight need rework) and a salt water disposal well.
Blackrock Energy LLC will be operating partner; work to recondition wells expected in coming months.
The acquisition complements existing strategic alliance with Blackrock from February 2021.
CEO Jonathan Herzog says consolidation furthers goal of developing meaningful footprint in Oklahoma oil and gas fields.

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