Northern Mineral & Exploration Ltd. is an emerging natural-resources company focused on oil and gas production in central Texas, gold and silver exploration in northern Nevada, and prospective real estate development in Mexico.

# Northern Mineral & Exploration Ltd.

## Overview
Northern Mineral & Exploration Ltd. is an emerging natural resources company focused on oil and gas production in central Texas and exploration for gold and silver in northern Nevada. The company also maintains an entity for prospective real estate development in Mexico.

## Subsidiaries and purpose
- Kathis Energy LLC (Texas) — formed November 22, 2017, to conduct oil and gas drilling programs in Texas.  
- Kathis Energy Fund 1, LP (Texas) — formed December 14, 2017, as a Texas limited partnership to raise funds for drilling projects.  
- ENMEX Operations LLC (Quintana Roo, Mexico) — formed May 7, 2018, for prospective real estate development projects in Mexico.

Status: Kathis Energy and ENMEX have had no activity to date.

## Corporate history
- Incorporated December 11, 2006, under Nevada law.  
- Changed name from Punchline Resources Ltd. to Northern Mineral & Exploration Ltd.; stockholder approval on July 12, 2013, and FINRA name change effective August 13, 2013.  
- The company’s stated focus remains oil and gas in Texas and mineral exploration in Nevada.

## Operations and geographic focus
- Texas: Oil and gas drilling programs through Kathis Energy LLC.  
- Nevada: Exploration for gold and silver.  
- Mexico: Prospective real estate development via ENMEX Operations LLC.

## Offices and staffing
- Principal office: 1267 N 680 W, Pleasant Grove, UT.  
- As of July 31, 2026: 0 employees. Two officers (Noel Schaefer and Rachel Boulds) provide services as consultants. Contractors are engaged as needed.

Northern Mineral & Exploration Ltd. is an emerging natural resource company focused on oil and gas production in Texas and mineral exploration in Nevada, operating with a small team of contracted consultants.

# Northern Mineral & Exploration Ltd. Overview

## Company Description
Northern Mineral & Exploration Ltd. (the “Company”) is an emerging natural resource company that operates in the following sectors:

### Oil & Gas Production
- **Location:** Central Texas
- **Operations:** Primarily focused on oil and gas production activities, the Company has created a wholly-owned subsidiary, Kathis Energy LLC, established to conduct oil and gas drilling programs in Texas.

### Exploration for Gold and Silver
- **Location:** Northern Nevada
- The Company is also engaged in exploration for valuable minerals such as gold and silver.

### Subsidiaries
- **Kathis Energy LLC**: Formed to conduct drilling programs in Texas. 
- **ENMEX Operations LLC**: Established in Quintana Roo, Mexico, for prospective real estate development projects, though it has had no activity to date.

## Business Model
The business relies on acquiring and exploring oil and gas properties and conducting drilling operations. The competitiveness in the oil and gas sector is significant due to the presence of larger companies with greater financial and technical resources, impacting the Company’s ability to finance property acquisitions and exploration efforts.

## Financial Details
- **Employees**: As of July 31, 2024, the Company does not have any employees. However, it is managed by three officers who serve as consultants:
  - Ivan Webb
  - Noel Schaefer
  - Rachel Boulds
- **Contractors**: The Company engages contractors for specific corporate affairs and exploration tasks.

## Operational Metrics
- **Number of Customers**: The document does not specify the number of customers actively engaged with the Company.
- **Revenue and Income**: The document does not disclose specific revenue or income figures.

## Overview of Environmental Compliance
The Company is subject to stringent environmental regulations that impact oil and gas operations, including:
- Compliance with both federal and state environmental laws
- Management of waste disposal and contamination issues
- Compliance with water regulation laws
- Adherence to air emissions and climate change regulations

## Legal Standing
As of the latest report, there are no known material legal proceedings against the Company or its officers, indicating a stable legal standing.

## Conclusion
Northern Mineral & Exploration Ltd. operates in the highly competitive natural resource sector, with a focus on oil and gas production in Texas and mineral exploration in Nevada. It has established necessary subsidiaries for operational efficiency while maintaining compliance with various regulatory environments. The organization is currently operating without full-time employees and relies on consultancy and contractor support.

NORTHERN MINERALS & EXPLORATION LTD.

10-K / November 3, 2026

10-K / October 29, 2024

10-K / November 3, 2026

Northern Mineral & Exploration Ltd.

Overview

Subsidiaries and purpose

Corporate history

Operations and geographic focus

Offices and staffing