Form: 3

Initial statement of beneficial ownership of securities

January 30, 2026

Documents

SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES


Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Banpu Power Public Co Ltd
(Last) (First) (Middle)
1200 17TH STREET, SUITE 2100
(Street)
DENVER CO 80202
(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
01/30/2026 		3. Issuer Name and Ticker or Trading Symbol
BKV Corp [ BKV ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
Officer (give title below) X Other (specify below)
Member of 10% owner group
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 5,315,390 I see footnote(1)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
Banpu Power Public Co Ltd
(Last) (First) (Middle)
1200 17TH STREET, SUITE 2100
(Street)
DENVER CO 80202
(City) (State) (Zip)
1. Name and Address of Reporting Person*
Banpu Power US Corp
(Last) (First) (Middle)
1200 17TH STREET, SUITE 2100
(Street)
DENVER CO 80202
(City) (State) (Zip)
Explanation of Responses:
1. This Form 3 is being filed jointly by Banpu Power Public Company Limited ("BPP") and Banpu Power US Corporation ("BPPUS"). BPPUS is a wholly owned subsidiary of BPP. These securities are owned directly by BPPUS and indirectly by BPP.
Remarks:
Exhibit List: Exhibit 24.1 - Power of Attorney for Banpu Power Public Company Limited; Exhibit 24.2 - Power of Attorney for Banpu Power US Corporation.
/s/ Kathleen Lenox, attorney-in-fact for Banpu Power Public Company Limited 01/30/2026
/s/ Kathleen Lenox, attorney-in-fact for Banpu Power US Corporation 01/30/2026
** Signature of Reporting Person Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.