---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-003179"
form_type: "8-K/A"
ticker: null
cik: "0001508786"
company_name: "SILVERTON ENERGY, INC."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T05:38:20.771498+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "medium"
source: SEC EDGAR
---

# Silverton Energy amends 8-K to disclose two oil & gas lease acquisitions totaling $84.5M

## Summary
- Acquired AHIC oil & gas leases for $81M via 20-year non-interest promissory note; $52M initial purchase price noted.
- Acquired Agrawal working/royalty interests for $3.5M via convertible note, effective April 4, 2024.
- Corrected Class A common share count to 95,100,000 issued; updated beneficial ownership of CEO (32M shares).
- Assets held in escrow pending full payment; AHIC note includes credit for institutional investor introductions.
- Company aims to build Osage Nation oil & gas lease portfolio while avoiding operator liability.

## SEC filing metadata
- accession: 0001683168-24-003179
- form_type: 8-K/A
- cik: 0001508786
- company_name: SILVERTON ENERGY, INC.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: medium
- sec_items: 101.1, 2.01, 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1508786/000168316824003179/0001683168-24-003179-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1508786/000168316824003179/silverton_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-003179
- JSON: https://secwatch.observer/filing/0001683168-24-003179.json
- Plain text: https://secwatch.observer/filing/0001683168-24-003179.txt

## Key facts
- Material Agreements
  SILVERTON ENERGY, INC. entered into Agrawal Acquisition Agreement with Kris Agrawal and Kris K. Agrawal, et al, Exxon Oil & Gas, Inc., Vance-1 Properties, LLC valued at $3,500,000 purchase price payable via convertible note convertible into Class A Common Stock (effective 2024-04-04).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Kris Agrawal and Kris K. Agrawal, et al, Exxon Oil & Gas, Inc., Vance-1 Properties, LLC
  - Value: $3,500,000 purchase price payable via convertible note convertible into Class A Common Stock
  - Effective: 2024-04-04
  source text: On May 01, 2024, the Company entered into an "Acquisition Agreement" between AHIC and SLTN, as the "Buyer" and Kris Agrawal and Kris K. Agrawal, et al, Exxon Oil & Gas, Inc., Vance-1 Properties, LLC, as the "Seller" (the Agrawal Acquisition Agreement"), with an effective date of April 04, 2024 [ see EX 2.01B ].
  evidence_url: https://www.sec.gov/Archives/edgar/data/1508786/000168316824003179/0001683168-24-003179-index.htm

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