Innovation Beverage Group Ltd. Form 6-K Filing Summary

Innovation Beverage Group Ltd. (IBG) reported on June 2, 2026, through its subsidiary BlockFuel Energy, Inc., the acquisition of a six-well oil and gas package with associated infrastructure in Oklahoma. This acquisition expands BlockFuel's operational platform, adding to its existing 55 wells and infrastructure across approximately 55 square miles. The company plans an eight-well drilling program for the second half of 2026, leveraging existing infrastructure to reduce costs and accelerate production. The acquired assets include working interests in production and saltwater disposal wells, extensive production equipment, and potential for future renewable energy development. This move is part of IBG's broader strategy, which includes a proposed merger with BlockFuel Energy, Inc. The filing also provides details on both companies, their operations, and forward-looking statements regarding their business prospects and the merger.