Surya Oil & Gas Corp., formerly known as Cunningham Natural Resources Corp., reported its financial results for the second quarter ending June 30, 2025. The company saw a decrease in total revenue, with figures at $3.5 million compared to $4.4 million in the same period the previous year. Earnings for the quarter also declined, totaling $1.6 million versus $2.8 million a year earlier. For the first half of 2025, total revenue increased to $6.6 million from $4.3 million in the prior year, while earnings dropped to $2.0 million from $2.7 million. The company reported total assets of $75.3 million for the period, compared to $75.3 million previously. Significant corporate updates include the execution of a change of control agreement with Aruna Holdings LLC, expected to provide at least 80% control of the company by the third quarter. Manish Patel and Hemal Rathod have been appointed to the Board of Directors, with Rathod also taking on the role of Chief Executive Officer. Additionally, field operations have recommenced across core acreage in West Virginia, and the company has engaged Harbor Access for strategic investor relations. Surya Oil & Gas Corp. has upgraded to the OTCID Basic Market, enhancing its market visibility, and has licensed the proprietary Kubera™ technology from Surya Energy Services LLC for advanced hydrocarbon detection.
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