Dr. John N. O'Brien brings expertise in both conventional energy and renewable energy technologies

Encino, California - TheNewswire - October 19, 2023 - Okmin Resources, Inc. ("Okmin" and the "Company") (OTC:OKMN), a company engaged in the business of acquiring, exploring and developing natural resource assets, today announced that it has established an Advisory Board to include seasoned professionals and industry experts to assist in the development of the Company and that it has appointed Dr. John N. O'Brien as its Senior Advisory Board Member.

Dr. John N. O'Brien brings over forty-five years of experience in the energy business as an energy industry thought leader and an expert in the analysis of economics, regulation and technology in important and emerging energy issues. Dr. O'Brien is a former Commissioner on the Florida Energy Commission and Chair of its Climate Change Subcommittee. Dr. O'Brien previously served for 10 years as a Full Scientist at the U.S. Department of Energy's Brookhaven National Laboratory in its Department of Nuclear Energy after that and was CEO of several significant energy firms. Currently the President and CEO of Vista Consulting Group, Dr. O'Brien's areas of expertise include: the regulation and functioning of the electric and natural gas markets and related infrastructure; renewable energy technologies and investment; financial analysis and project finance in the energy sector; applications for small modular nuclear reactors; and other emerging energy technologies. Dr. O'Brien is also a Professor of Public Administration at Flagler College.

"We are excited to welcome the esteemed addition of Dr. John N. O'Brien to our newly established Board of Advisors.", said Okmin's CEO, Jonathan Herzog. Mr. Herzog continued, "Dr. O'Brien brings extensive knowledge in the broader energy sector, and we look forward to his new Advisory Board role with the Company."

Okmin's Chairman, Tom Lapinski, continued, "We believe Dr. John N. O'Brien will be a valuable resource for the Company in furthering our current business objectives and in the future should we potentially seek to broaden our activities beyond the development of conventional oil and gas projects."

About Okmin Resources Inc.:

Okmin Resources, Inc. ("Okmin" and the "Company") (OTCQB:OKMN) is a development stage company that is acquiring, exploring and developing natural resource assets. The Company has predominantly been focused on the acquisition and development of domestic oil and gas fields. Okmin's projects are located in Oklahoma and Kansas. The Company's lease holdings are all within the Cherokee Platform, a geological feature covering an area of northeastern Oklahoma and southeastern Kansas in the mid-continent region of the United States. The Cherokee Platform has been an established oil producing region for the last century. For more information about Okmin, please visit the Company's website: www.okminresources.com.

Okmin is subject to the information and reporting requirements of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and, in accordance with the Exchange Act, the Company files periodic reports, documents, and other information with the Securities and Exchange Commission (the "Commission") relating to our business, financial statements, and other matters. These filings are available to the public on the Commission's website at http://www.sec.gov.

Safe Harbor Provision

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, that are intended to be covered by the safe harbor created thereby. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "will," "expects," "intends," "plans," "projects," "estimates," "anticipates," or "believes" or the negative thereof or any variation thereon or similar terminology or expressions. These forward-looking statements are based upon current estimates and assumptions. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from results proposed in such statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the Company's expectations include, but are not limited to, those factors set forth in the Company's Annual Report on Form 10-K for the year ended June 30, 2023 and its other filings and submissions with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, the Company assumes no obligation to update or revise any forward-looking statements. This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward-looking statements whether as a result of new information, future events or otherwise.

Investor & Media Contacts:

Jonathan Herzog, President and Chief Executive Officer

Tel: +1 (818) 201-3727

info@okminresources.com

Investor Relations:

Jessica Abaian, Manager

Tel: +1 (818) 201-3727

jessica@okminresources.com

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