• Innovation Beverage Group’s 51%-owned BlockFuel Energy acquired a six-well oil and gas package in Payne County, Oklahoma, with related infrastructure.
• Deal lifts operated wells to 61 across a 55-square-mile footprint spanning Payne, Pawnee, and Noble counties.
• Assets include four producing horizontal oil wells, one drilled-uncompleted well, one saltwater disposal well, production equipment, and gathering systems.
• BlockFuel plans an eight-well vertical drilling program in H2 2026 to step out from existing production using current infrastructure.
• BlockFuel expects lower development costs versus greenfield projects, with faster time to first production.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Innovation Beverage Group Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001731122-26-000828), on June 09, 2026, and is solely responsible for the information contained therein.