1 May 2026listing compliance notice▼ BadMajor
TRULEUM, INC. deregistered its securities, ending its obligation to file reports with the SEC.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
27 Apr 2026director interest notice● Neutral
TRULEUM, INC. director Aei Acquisition CO LLC sold 1,384,100 shares at $0.96.
31 Mar 2026late filing notice▼ Bad
TRULEUM, INC. notified the SEC that its annual report would be filed late.
19 Nov 2025late filing notice▼ Bad
TRULEUM, INC. notified the SEC that its quarterly report would be filed late.
15 Aug 2025late filing notice▼ Bad
TRULEUM, INC. notified the SEC that its quarterly report would be filed late.
15 May 2025late filing notice▼ Bad
TRULEUM, INC. notified the SEC that its quarterly report would be filed late.
30 Apr 2025material agreement▼ BadMajor
On March 24, 2025 the company exchanged its 7.25% senior secured convertible notes (original principal $1,319,960, held via AEI Management and 20 Shekels) for new 8.5% senior secured notes totalling $1,461,305.20, covering principal and accrued interest. The new notes are convertible at the lesser of $5.00 per share or a 10% discount to a 5-day VWAP, and mature on the third anniversary. The lower floating conversion price could mean more dilution for shareholders than the fixed $5.00 (inference). The notes are named 'Note and Forbearance Agreements' in the exhibit list, but the filing text does not describe a default.
1 Apr 2025late filing notice▼ Bad
TRULEUM, INC. notified the SEC that its annual report would be filed late.
14 Nov 2024late filing notice▼ Bad
TRULEUM, INC. notified the SEC that its quarterly report would be filed late.
14 Nov 2024late filing notice▼ Bad
TRULEUM, INC. amended its notice to the SEC that its quarterly report would be filed late.
15 Aug 2024late filing notice▼ Bad
TRULEUM, INC. notified the SEC that its quarterly report would be filed late.
31 May 2024director interest notice● Neutral
TRULEUM, INC. director Mark Allen Timm received a stock option grant for 7,575 shares.
31 May 2024director interest notice● Neutral
TRULEUM, INC. director Isaac Dietrich received a stock option grant for 7,575 shares.
31 May 2024auditor change● Neutral
On May 29, 2024 the company engaged Barton CPA as its auditor for the year ending December 31, 2024, replacing BF Borgers dismissed on May 10. This resolves the auditor vacancy opened earlier in May 2024.
31 May 2024director interest notice● Neutral
TRULEUM, INC. director Robert J. Flynn Jr. received a stock option grant for 7,575 shares.
31 May 2024director interest notice● Neutral
TRULEUM, INC. Chief Financial Officer Lacie Kellogg received a stock option grant for 7,575 shares.
31 May 2024director interest notice● Neutral
TRULEUM, INC. director Richard Mark Nummi received a stock option grant for 7,575 shares.
15 May 2024quarterly activities report▼ Bad
TRULEUM, INC. reported quarterly revenue of $8 thousand and a net loss of $515 thousand for the period ended 2024-03-31.
10 May 2024auditor change▼ Bad
On May 10, 2024 the company dismissed its auditor BF Borgers CPA PC, noting the SEC had barred that firm from practicing before it (staff statement of May 3, 2024). BF Borgers' reports for 2022 and 2023 carried a going-concern paragraph, and no replacement had yet been engaged. Lacie Kellogg now signs as CFO.
1 Apr 2024late filing notice▼ Bad
TRULEUM, INC. notified the SEC that its annual report would be filed late.
16 Jan 2024director interest notice● Neutral
TRULEUM, INC. Chief Financial Officer Lacie Kellogg received a stock option grant for 26,830 shares.
16 Jan 2024director interest notice● Neutral
TRULEUM, INC. director Isaac Dietrich received a stock option grant for 26,830 shares.
16 Jan 2024director interest notice● Neutral
TRULEUM, INC. director Mark Allen Timm received a stock option grant for 26,830 shares.
21 Nov 2023quarterly activities report▼ Bad
TRULEUM, INC. reported quarterly revenue of $22 thousand and a net loss of $545 thousand for the period ended 2023-09-30.
14 Nov 2023late filing notice▼ Bad
TRULEUM, INC. notified the SEC that its quarterly report would be filed late.
13 Nov 2023securities registration● Neutral
TRULEUM, INC. amended a filing by which it registered a securities offering with the SEC.
6 Nov 2023material agreement termination▼ BadMajor
The Ambassador Project purchase agreement signed September 6, 2023 was terminated because financing was unavailable, so the $6,500,000 acquisition will not happen. The filing also reports an October 16, 2023 reserve report (effective December 31, 2022) showing 68,460 barrels of oil and 448,800 mcf of gas as proved developed, no proved undeveloped, and larger probable reserves. It also says quitclaim deeds clarified ownership of about 400 more Logan acres covering 9 well bores owned and operated by the company.
12 Sept 2023material agreement● NeutralMajor
On September 6, 2023 the company (now named Truleum) agreed with NJW Oklahoma Acquisitions Company, a subsidiary of Nash Oil, Gas, and Power, to buy the Ambassador Project in Noble, Kay, Payne and Pawnee, Oklahoma: 66 well bores (34 producing), ten water injection wells and about 17,700 net acres. It owes $6,500,000 in cash plus about $100,000 for federal land bonds. Closing depends on the company obtaining financing, which is a new and much larger deal than the Logan purchase.
15 Aug 2023quarterly activities report▼ Bad
TRULEUM, INC. reported quarterly revenue of $36 thousand and a net loss of $555 thousand for the period ended 2023-06-30.
15 Aug 2023late filing notice▼ Bad
TRULEUM, INC. notified the SEC that its quarterly report would be filed late.