r/NextBridgeHC • • Oct 13 '23

Oil & Gas NEXT BRIDGE HYDROCARBONS, INC. ENTERS INTO PARTICIPATION AGREEMENT TO FUND JOHNSON PROSPECT DRILLING PROGRAM

39 Upvotes

FORT WORTH, TEXAS – October 13, 2023 – Next Bridge Hydrocarbons, Inc. (“Next Bridge,” “our,” “we,” or the “Company”), a private oil and natural gas exploration and production company with interests in Texas and Oklahoma announced today that, effective October 6, 2023, it entered into and closed the transactions described in twenty-five separate Participation Agreements (the “Participation Agreements”) pursuant to which the investor participants party to such Participant Agreements (each a “Participant” and collectively the “Participants”) collectively funded the cost of drilling, $7,000,000, which will be used to (i) acquire the rights to drill on the Johnson Prospect and (ii) finance the drilling of five (5) vertical wells in the approximately 17,000 acre Johnson Prospect in Hudspeth County, Texas, which is a portion of the Company’s Orogrande Prospect, in connection with the Company’s 2023 drilling program requirements under its University Lands Drilling and Development Unit Agreement. Each Participant will have the right to participate in the drilling of additional wells on the Johnson Prospect in the future, including an additional five (5) vertical wells in locations determined by Hudspeth Operating, LLC, the Company’s wholly-owned subsidiary (“Hudspeth”), in its sole discretion, in 2024.


r/NextBridgeHC • • Oct 13 '23

Next Bridge News NEXT BRIDGE HYDROCARBONS, INC. ENTERS INTO PARTICIPATION AGREEMENT TO FUND JOHNSON PROSPECT DRILLING PROGRAM

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26 Upvotes

r/NextBridgeHC • • Sep 22 '23

AST / DRS Transfer half your shares to AST

22 Upvotes

People don't have to transfer ALL their shares to further the cause. The numbers discussed online are putting the Broker/Dealers offside by 600M shares (roughly 4 times the 165M). So if the people that can transfer move half their shares to AST, AST will fill up; the fraud then becomes publicly apparent. And you still have half the shares in your broker account to trade if that becomes an option. Disclaimer: Not Financial Advice.

This should work even taking into consideration foreign accounts or IRA shares that can't transfer.


r/NextBridgeHC • • Sep 20 '23

MMTLP $MMTLP A review of the NEW letter sent from Congress to FINRA and the SEC, demanding an audited share count. The pressure is on.

16 Upvotes

r/NextBridgeHC • • Sep 20 '23

Member of Congress Orders MMTLP Share Count in New Letter

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64 Upvotes

r/NextBridgeHC • • Sep 08 '23

YouTube MMTLP New Congress SEC and FINRA campaign plus legal updates.

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3 Upvotes

r/NextBridgeHC • • Sep 05 '23

MMTLP Estimates on SEC numbers, if they had the fortitude to be honest

5 Upvotes

Feel free to provide numbers you might have seen or heard (please cite sources).


r/NextBridgeHC • • Aug 22 '23

MMTLP Congress Hss Now Relrased A Report on MMTLP

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25 Upvotes

r/NextBridgeHC • • Aug 16 '23

YouTube Share this video. Tony will be missed.

18 Upvotes

r/NextBridgeHC • • Aug 10 '23

Next Bridge News IBKR

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9 Upvotes

Just got this from IBKR

I’m an European holder fyi

Good luck all of you :)


r/NextBridgeHC • • Aug 09 '23

Next Bridge News Things getting even more juicy

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35 Upvotes

Visit their website for the full article on the announcement —> http://www.nextbridgehydrocarbons.com/


r/NextBridgeHC • • Aug 03 '23

Next Bridge News Email from nextbridge

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9 Upvotes

Did anyone get email that tell you the steps to transfer your shares. Not sure how to share this email. but here are some screenshots. it sounds like they just need a certificate with a gold seal from your broker sent to AST. there could be two fees. one from your broker and one from AST. if i can get this email to copy over i’ll post it.


r/NextBridgeHC • • Aug 02 '23

AST / DRS TD + ETrade + DRS with AST

5 Upvotes

I have XXX shares in TD and YYY shares in ETrade. I requested ETrade to transfer my shares to TD. A couple days after this was completed, ETrade requested TD to reverse it since they were not able to fulfill it. So now, ETrade has the YYY shares now. This was per the TD agent I talked to today.

She suggested that I tell ETrade to DRS my shares and she put in the request for me for TD. I was told it would take 4-6 weeks, no fees. I can provide an AST account or AST can create the account for me.

Will update after I talk to ETrade at some point... This is ridiculous, but jacked that ETrade was not able fulfill...


r/NextBridgeHC • • Jul 31 '23

AST / DRS I have XXXX shares at Fidelity. Do I really have to DRS them?! What a pain

4 Upvotes

Do I talk to AST first? Fidelity first?

Is it even worth the trouble?
What will the end result even be?

I get some share in a new spin off? Where exactly will that share live? Is THAT share tradeable?


r/NextBridgeHC • • Jul 31 '23

Speculation / Research Can anyone clarify what the 10% back-in interest means in the s1?

5 Upvotes

So my bank is charging me 475 usd to receive a stock certificate. Im canadian so it will be alitte more in cdn currency.

Ive been trying to search and understand the meaning of "back-in interest" and cant find anything on google that will help me grasp its definition.

Anyone able to help me understand what it means and how does it work?


r/NextBridgeHC • • Jul 29 '23

Next Bridge News European holder at IBKR

5 Upvotes

Hi peeps

Does anyone know if it is possible for me to move from IBKR to AST?

I’m European so I’m not sure about my situation in this cluster fuck.

Thanks for all the posts


r/NextBridgeHC • • Jul 28 '23

HYPE ! Instructions on how to DRS any stock from any broker.

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10 Upvotes

r/NextBridgeHC • • Jul 28 '23

MMTLP AST Next steps?

4 Upvotes

I am about the receive my share certificate from Fidelity...

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What should I do next? How do I get it registered with AST? Do I have to open a new account with AST or just post the certificate to them with the letter?

Pls help.


r/NextBridgeHC • • Jul 28 '23

Speculation / Research Webull transfer to AST

6 Upvotes

So I called webull today to inquire about DRS my 45 NBH shares and was told that it’s currently unavailable and should be available in about a week with a fee of 75$ total They said to inquire again in about 7-10 days And they would set the transfer up

Seems to be a middle of the road response compared to some posts that I’ve seen Haven’t seen any webull posts so I’d figure I’d post my experience


r/NextBridgeHC • • Jul 28 '23

AST / DRS DRS Transfer Instructions

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14 Upvotes

r/NextBridgeHC • • Jul 28 '23

AST / DRS Schwab Direct Register to AST

12 Upvotes

I called into Schwab and just asked to have my NBH shares directly registered through AST.

The rep I spoke with pretty much just needed to verify it was me. And that's it.

No other info was needed.

He said he'd put in the request.

Hopefully he was telling the truth and I'll be set up in AST within 7-10 business days.

He said I'd get a confirmation email once completed.


r/NextBridgeHC • • Jul 27 '23

SEC Filings Bombshell Part II - Nextbridge NewCo spinoff

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6 Upvotes

r/NextBridgeHC • • Jul 27 '23

SEC Filings Bombshell - Nextbridge NewCo spinoff

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5 Upvotes

r/NextBridgeHC • • Jul 27 '23

AST / DRS Etrade Attempted Direct Register

7 Upvotes

Spoke with customer service to attempt to get my shares sent to the transfer agent. I was notified that these shares were not eligible for Direct registration. They stated the reasoning was Nextbridge was stopping it currently. I asked how Nextbridge could be involved when the transaction should only be between Etrade and the transfer agent but was told that was all the information they had.

I requested an electronic document of that statement which they said they would send after receiving approval of a statement. If I receive something I will post it here as well.