002828SZSE
🚨 Material Event

Progress Announcement on Major Cooperation Agreement Signed by Wholly-Owned Subsidiary's Grandchild Company

Beiken Energy Co., Ltd.··3 pages

✨ AI Summary

This announcement details the progress of a cooperation agreement between BK028 ENERGY LTD. and EVERGO RESOURCES LIMITED for an oil and gas exploration project in Canada. Due to underperformance of initial wells and market factors, the parties have agreed to a supplementary agreement to suspend further development of reserve blocks. This decision aims to mitigate risks and focus on improving production from existing wells.

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Full Translation

AI Translation· gemini_document

Securities Code: 002828 Securities Abbreviation: Bekon Energy Announcement Number: 2026-035

Bekon Energy Holding Group Co., Ltd. Announcement on Progress of Major Cooperation Agreement Signed by Wholly-Owned Subsidiary's Grandchild Company

The Company and the entire Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and are free from any false representations, misleading statements, or material omissions.

I. Overview of Agreement Signing

Bekon Energy Holding Group Co., Ltd. (hereinafter referred to as the "Company")'s wholly-owned subsidiary, Bekon Energy (Chengdu) Co., Ltd. (hereinafter referred to as "Bekon Energy"), and its grandchild company BK028 ENERGY LTD. (hereinafter referred to as "BK028"), have signed the "Cooperation Agreement on the Exploration and Development of Oil and Gas Resources in Canada Project" (hereinafter referred to as the "Cooperation Agreement") with EVERGO RESOURCES LIMITED (hereinafter referred to as "EVERGO") regarding the establishment of a joint venture company, Benkoil Resources Limited, and the development of overseas projects. According to the agreement, the parties will establish a joint venture company to invest in oil and gas equity projects located in Alberta and Saskatchewan, Canada. For specific details, please refer to the "Announcement on the Signing of a Major Cooperation Agreement by the Wholly-Owned Subsidiary's Grandchild Company" disclosed by the Company on the Juchao Information Network (http://www.cninfo.com.cn) on November 16, 2024 (Announcement Number: 2024-066).

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