Leopard Energy, Inc. was incorporated on July 15, 2002 under the laws of the State of Nevada. Throughout its history the company engaged in various businesses until April 9, 2015 when it merged with its wholly owned subsidiary Cyber Apps World Inc. and changed its name to Cyber Apps World Inc. At that time the business focus shifted to the development of mobile applications that allowed users to save money on products and services from member merchants through mobile coupons accessible via desktops and mobile devices. Following the change of control in August 2023, the company redirected its efforts toward acquiring energy production and development opportunities in the United States. Effective April 26, 2024, the company adopted its current name Leopard Energy, Inc. to reflect its new focus on the oil and gas sector.

Leopard Energy, Inc. generates revenue from royalty payments derived from its ownership of a 5% interest in 7 producing oil wells located in the Eagle Ford Shale of Lavaca County, Texas. The company acquired this royalty interest on January 17, 2024 as its first transaction in the U. S. energy sector and refers to the asset as the Eagle Acquisition. Revenue is received as a share of the hydrocarbons produced from these wells, and the company intends to pursue additional similar royalty or ownership interests to expand its income stream. No other products or services are currently offered by the company.

The U. S. market for the acquisition of oil and gas production and development opportunities is highly competitive, with numerous firms and individuals possessing longer operating histories and greater financial resources than Leopard Energy, Inc. Despite this, the company believes it can compete effectively based on the energy sector expertise of its executive officers and the support of its controlling shareholder, Zenith Energy Ltd. Zenith Energy is a publicly held British Columbia corporation headquartered in Vancouver that pursues energy production projects on three continents and whose shares trade on the London Stock Exchange, Euronext Oslo and the Pink tier of the over the counter market operated by OTC Markets Group. Since obtaining a controlling interest in August 2023, Zenith has supplied approximately $388,008 in payments made on behalf of Leopard Energy and an additional $45,000 in cash capital, and has indicated its intention to continue financing the company’s expansion and the acquisition of further royalty or ownership interests as additional funding becomes available.

Leopard Energy, Inc. does not sell products or services to end users; its revenue comes from the operators of the 7 oil wells that underlie its Eagle Acquisition royalty interest. The company’s customers are therefore the working interest owners and operators who manage production from those wells and who remit the proportionate share of hydrocarbon proceeds to Leopard Energy as royalty payments. Because the filing does not disclose the names of these operators, the customer base is described only as the entities responsible for operating the acquired wells.