Barrel Energy, Inc. completed the conversion of 750,000 shares of its Series A Preferred Stock into 750,000,000 shares of its Common Stock on July 2, 2026. This conversion occurred at a ratio of one share of Series A Preferred Stock for every 1,000 shares of Common Stock. The conversion was executed by existing holders who are officers, directors, and greater-than-ten-percent beneficial owners of the Company. Immediately prior to the conversion, the Company had 2,144,622 shares of Common Stock and 5,000,000 shares of Series A Preferred Stock outstanding. Following the conversion, the outstanding shares are 752,144,622 shares of Common Stock and 4,250,000 shares of Series A Preferred Stock. No cash proceeds were received by the Company from these conversions, and no third parties were compensated for soliciting the exchanges. The Company utilized the exemption from registration under Section 3(a)(9) of the Securities Act of 1933.