Innovation Beverage Group

IBG

Market cap $2.11M

Initial Development Campaign Targets Multiple Stacked Pay Horizons Across 55-Square-Mile Oklahoma Position with Potential for 400+ Future Drilling Locations OKLAHOMA CITY, OK / ACCESS Newswire / June 18, 2026 / BlockFuel Energy Ltd. (NASDAQ:FUEL) ("BlockFuel" or the "Company") today announced plans to commence a multi-well vertical drilling program during the second half of 2026 across its approximately 55-square-mile operated position in Oklahoma, targeting multiple stacked hydrocarbon-bearing formations beneath one of the largest operated acreage positions in the Company's portfolio.

Deal Brings Operated Well Count to 61 Across a 55-Square-Mile Oklahoma Footprint Multi-Well Vertical Drilling Program Targeting H2 2026 PONCA CITY, OK / ACCESS Newswire / June 10, 2026 / BlockFuel Energy, Inc. ("BlockFuel" or the "Company"), an independent energy and infrastructure company focused on conventional energy production and next-generation utility infrastructure development, today announced the acquisition of producing oil and gas assets and associated infrastructure located in Payne County, Oklahoma. BlockFuel Energy Inc. is currently 51% owned by Innovation Beverage Group Limited (NASDAQ:IBG), which has announced a proposed merger of the two companies.

SYDNEY, AU / ACCESS Newswire / May 20, 2026 / Innovation Beverage Group Ltd ("IBG" or the "Company") (NASDAQ:IBG), an innovative developer, manufacturer, and marketer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands, today announced that it has received a letter from The Nasdaq Stock Market LLC ("Nasdaq"), dated May 19, 2026 (the "Delinquency Letter"), notifying the Company that it is not in compliance with the requirements for continued listing set forth in Nasdaq Listing Rule 5250(c)(1) because it did not timely file its annual report on Form 20-F for the fiscal year ended December 31, 2025 (the "2025 Annual Report"). In accordance with Nasdaq Listing Rules, the Company has 60 calendar days from the date of the Delinquency Letter to submit a plan to regain compliance with Nasdaq Listing Rules (the "Compliance Plan").

Reserve Report Effective Date December 31, 2025, Prior to Field Reactivation   Recompletion of Existing Well Bores Underway   Plans to Drill Eight (8) New Vertical Wells in 2026 and Up to 20 New Vertical Wells in 2027 and 2028   Demonstrates Operational Progress in Central Oklahoma With 19 Wells Returned to Production SYDNEY, AU / ACCESS Newswire / April 30, 2026 / Innovation Beverage Group Ltd ("IBG" or the "Company") (NASDAQ:IBG), an innovative developer, manufacturer, and marketer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands, along with its proposed merger partner BlockFuel Energy, Inc. ("BlockFuel" or "BFE"), a Texas-based energy corporation, today announced the completion of an independent reserve report and outlined a multi-phase development plan for its Central Oklahoma oil and gas assets. The reserve report, effective December 31, 2025, was prepared during the period when operations across the asset base were temporarily shut-in.

SYDNEY, AU / ACCESS Newswire / April 7, 2026 / Innovation Beverage Group Ltd ("IBG" or the "Company") (Nasdaq:IBG), an innovative developer, manufacturer, and marketer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands, along with its proposed merger partner BlockFuel Energy ("BFE"), a Texas-based energy corporation, today provided an operational update on its ongoing well reactivation program, initial production performance, and development planning activities across its Central Oklahoma asset base. BFE reports that 15 wells are currently producing and 5 wells are in the process of completing reactivation, with all expected to be online by the end of this week.

Innovation Beverage Group Ltd (NASDAQ:IBG) said Wednesday it has taken a major step in its strategic transformation by acquiring a 51% controlling stake in BlockFuel Energy Inc., advancing its planned merger and pivot into the energy sector.

IBG Acquires 51% stake in BlockFuel Energy as business combination nears completion Once complete, the combined entity will become a rising oil producer and power generation company with near-term production and scalable growth strategy SYDNEY, March 25, 2026 (GLOBE NEWSWIRE) -- Innovation Beverage Group Ltd (“IBG” or the “Company”) (Nasdaq: IBG), an innovative developer, manufacturer, and marketer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands, today announced that it has acquired a controlling interest in BlockFuel Energy Inc. (“BFE”), a Texas-based energy corporation. This transaction represents a significant milestone towards the proposed merger between both companies, which they anticipate closing in the coming weeks.

IBG Acquires 51% stake in BlockFuel Energy as business combination nears completion Once complete, the combined entity will become a rising oil producer and power generation company with near-term production and scalable growth strategy SYDNEY, March 25, 2026 (GLOBE NEWSWIRE) -- Innovation Beverage Group Ltd (“IBG” or the “Company”) (Nasdaq: IBG), an innovative developer, manufacturer, and marketer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands, today announced that it has acquired a controlling interest in BlockFuel Energy Inc. (“BFE”), a Texas-based energy corporation. This transaction represents a significant milestone towards the proposed merger between both companies, which they anticipate closing in the coming weeks.

SYDNEY, March 16, 2026 (GLOBE NEWSWIRE) -- Innovation Beverage Group Limited (NASDAQ: IBG) (the “Company”), an innovative developer, manufacturer, and marketer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands, today announced the closing of its registered public offering made on a reasonable best-efforts basis with gross proceeds to the Company of approximately $6 million, before deducting placement agent fees and other offering expenses payable by the Company.

SYDNEY, March 13, 2026 (GLOBE NEWSWIRE) -- Innovation Beverage Group Limited (NASDAQ: IBG) (the “Company”), an innovative developer, manufacturer, and marketer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands, today announced the pricing of a public offering made on a reasonable best efforts basis with gross proceeds to the Company expected to be approximately $6 million, before deducting placement agent fees and other offering expenses payable by the Company.