Sec Form 13G Filing - Condire Management LP filing for - 2025-11-14

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Checkbox checked   Rule 13d-1(b)
Checkbox not checked   Rule 13d-1(c)
Checkbox not checked   Rule 13d-1(d)






SCHEDULE 13G



Comment for Type of Reporting Person:  These shares are held (or issuable upon the exercise of warrants or debentures held) for the accounts of Condire Resource Master Partnership, LP, a Cayman Islands exempted limited partnership ("Condire Resource"), and Condire Alpha Partners, LP, a Texas limited partnership ("Condire Alpha"). Condire Management, LP, a Texas limited partnership ("Condire Management"), acts as investment manager to, and manages investment and trading accounts of, Condire Resource and Condire Alpha. As such, Condire Management may be deemed an indirect beneficial owner of securities held by Condire Resource and Condire Alpha. Calculation is based upon (i) 816,574,472 Shares outstanding as of September 30, 2025, per the Form 10Q for the quarterly period ended September 30, 2025, filed by the Issuer with the SEC on November 12, 2025, and (ii) 1,639,583 Shares issuable upon the exercise of warrants or conversion of debentures held by Condire Resource and Condire Alpha, both of which are subject to a "blocker" agreement that limits the combined shareholdings of Condire Resource, Condire Alpha and their affiliates in the Issuer to less than 10% of the then-outstanding common shares of the Issuer.


SCHEDULE 13G



Comment for Type of Reporting Person:  These shares are held (or issuable upon the exercise of warrants or debentures held) for the accounts of Condire Resource Master Partnership, LP, a Cayman Islands exempted limited partnership ("Condire Resource"), and Condire Alpha Partners, LP, a Texas limited partnership ("Condire Alpha"). Condire Management, LP, a Texas limited partnership ("Condire Management"), acts as investment manager to, and manages investment and trading accounts of, Condire Resource and Condire Alpha. Condire Management GP Holdings, LLC, a Texas limited liability company ("Condire Management GP"), serves as the general partner of Condire Management. As such, Condire Management GP may be deemed an indirect beneficial owner of securities held by Condire Resource and Condire Alpha. Calculation is based upon (i) 816,574,472 Shares outstanding as of September 30, 2025, per the Form 10Q for the quarterly period ended September 30, 2025, filed by the Issuer with the SEC on November 12, 2025, and (ii) 1,639,583 Shares issuable upon the exercise of warrants or conversion of debentures held by Condire Resource and Condire Alpha, both of which are subject to a "blocker" agreement that limits the combined shareholdings of Condire Resource, Condire Alpha and their affiliates in the Issuer to less than 10% of the then-outstanding common shares of the Issuer.


SCHEDULE 13G



Comment for Type of Reporting Person:  These shares are held (or issuable upon the exercise of warrants or debentures held) for the accounts of Condire Resource Master Partnership, LP, a Cayman Islands exempted limited partnership ("Condire Resource"), and Condire Alpha Partners, LP, a Texas limited partnership ("Condire Alpha"). Condire Management, LP, a Texas limited partnership ("Condire Management"), acts as investment manager to, and manages investment and trading accounts of, Condire Resource and Condire Alpha. Condire Management GP Holdings, LLC, a Texas limited liability company ("Condire Management GP"), serves as the general partner of Condire Management, and Ryan E. Schedler is a managing member of Condire Management GP. As such, Mr. Schedler may be deemed an indirect beneficial owner of securities held by Condire Resource and Condire Alpha. Calculation is based upon (i) 816,574,472 Shares outstanding as of September 30, 2025, per the Form 10Q for the quarterly period ended September 30, 2025, filed by the Issuer with the SEC on November 12, 2025, and (ii) 1,639,583 Shares issuable upon the exercise of warrants or conversion of debentures held by Condire Resource and Condire Alpha, both of which are subject to a "blocker" agreement that limits the combined shareholdings of Condire Resource, Condire Alpha and their affiliates in the Issuer to less than 10% of the then-outstanding common shares of the Issuer.


SCHEDULE 13G



Comment for Type of Reporting Person:  These shares are held (or issuable upon the exercise of warrants or debentures held) for the accounts of Condire Resource Master Partnership, LP, a Cayman Islands exempted limited partnership ("Condire Resource"), and Condire Alpha Partners, LP, a Texas limited partnership ("Condire Alpha"). Condire Management, LP, a Texas limited partnership ("Condire Management"), acts as investment manager to, and manages investment and trading accounts of, Condire Resource and Condire Alpha. Condire Management GP Holdings, LLC, a Texas limited liability company ("Condire Management GP"), serves as the general partner of Condire Management, and Bradley J. Shisler is a managing member of Condire Management GP. As such, Mr. Shisler may be deemed an indirect beneficial owner of securities held by Condire Resource and Condire Alpha. Calculation is based upon (i) 816,574,472 Shares outstanding as of September 30, 2025, per the Form 10Q for the quarterly period ended September 30, 2025, filed by the Issuer with the SEC on November 12, 2025, and (ii) 1,639,583 Shares issuable upon the exercise of warrants or conversion of debentures held by Condire Resource and Condire Alpha, both of which are subject to a "blocker" agreement that limits the combined shareholdings of Condire Resource, Condire Alpha and their affiliates in the Issuer to less than 10% of the then-outstanding common shares of the Issuer.


SCHEDULE 13G


 
Condire Management, LP
 
Signature:/s/ Ryan E. Schedler
Name/Title:Ryan E. Schedler, Managing Member of Condire Management GP Holdings, LLC, the General Partner of Condire Management, LP
Date:11/14/2025
 
Signature:/s/ Bradley J. Shisler
Name/Title:Bradley J. Shisler, Managing Member of Condire Management GP Holdings, LLC, the General Partner of Condire Management, LP
Date:11/14/2025
 
Condire Management GP Holdings, LLC
 
Signature:/s/ Ryan E. Schedler
Name/Title:Ryan E. Schedler, Managing Member
Date:11/14/2025
 
Signature:/s/ Bradley J. Shisler
Name/Title:Bradley J. Shisler, Managing Member
Date:11/14/2025
 
Ryan E. Schedler
 
Signature:/s/ Ryan E. Schedler
Name/Title:Ryan E. Schedler
Date:11/14/2025
 
Bradley J. Shisler
 
Signature:/s/ Bradley J. Shisler
Name/Title:Bradley J. Shisler
Date:11/14/2025
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