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MMEX Resources Corp. (MMEX)

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Last Post: 12/16/2017 9:18:51 AM - Followers: 722 - Board type: Free - Posts Today: 5


November 20, 2017
First Refinery To Open In 40 Years In U.S. Breaks Ground In West Texas

November 7, 2017
  MMEX Resources Corp. now listed on OTCQB Venture Market Exchange 

October 16, 2017
                                     MMEX Resources Corp. to Break Ground on 10,000 Barrel-Per-Day Pecos County, Texas Crude Oil Refinery Unit on November 17 

August 30, 2017
                                                               MMEX Resources Corp. Secures Permit Approval for 10,000 Barrel-per Day Pecos County                                                                                                                            

04 August 2017 
TxDOT Receives U.S. DOT Grant for Rail Bridge Construction 
Texas Department of Transportation 

01 August 2017 
MMEX files permit application for first phase of proposed refinery 
San Antonio Business Journal 

31 July 2017 
MMEX Resources Corp. purchases 100+ acres for Pecos County project 

31 July 2017 
MMEX closes on acreage for new Texas refinery, first in decades 
Midland Reporter Telegram 

31 July 2017 
MMEX closes on acreage for new Texas refinery, first in decades 
Houston Chronicle 

31 July 2017 
MMEX Resources Corp. purchases 100+ acres for Pecos County project 
San Antonio Express-News 

31 July 2017 
MMEX Resources Corp. Announces Land Acquisition for Pecos County Refinery Project 

26 June 2017 
MMEX Resources Corp. Announces Strategic Relationship with VFuels on Construction of 10,000 Barrel-Per-Day Crude Distillation Unit in Permian Basin 

19 June 2017 
MMEX Resources Corp. Secures Equity Agreement for Pecos Refinery 
Midland Reporter-Telegram 

14 June 2017 
MMEX Resources to Build Crude Distillation Unit (Quotes Jack Hanks) 
Hydrocarbon Engineering 

13 June 2017 
MMEX Resources Corp. Reaches Agreement as part of Plan for $450 Million Refinery (Quotes Jack Hanks) 

13 June 2017 
MMEX CEO Jack Hanks presents at Southwest Energy Summit in Roscoe, Texas 

13 June 2017 
MMEX Resources Corp. Secures $3M Equity Agreement, Announces Plans to Start Large-Scale Permian Basin Refinery with 10,000 Barrel-Per-Day Initial Unit 

08 Jun 2017 
MMEX Resources Corporation to present at 9th Annual Southwest Energy Summit 


Authorized Shares a/o September 21, 2017-3,000,000,000
Outstanding Shares a/o September 21
, 2017 there were 1,464,263,078
400M Shares restricted held by insiders... IN LATEST Q +
Key Balance Sheet Info
 Q1/17 Filing

Notes payable, currently in default








Convertible notes payable, currently in default, net of discount of $2,594  at January 31, 2017 








Convertible preferred stock, currently in default



Total current liabilities



Total assets


Between 4/27/17 and 5/24/17, an additional $465,000 in toxic loans were issued      

MMEX Management

Jack Hanks

CEO & Director MMEX / CEO Maple Resources Corp / Director Maple Gas Corporation del Peru

Founder and Former Executive Chairman of Maple Energy plc Board

Jack founded Maple Resources Corporation with its principal location in Dallas, Texas in 1986 to invest in O&G related assets in the US. In 1992, Jack sold substantially all of its existing US-based assets and began to pursue energy projects on an international basis, including O&G opportunities and electric power projects in Peru. Jack serves as CEO and Chairman of Maple Resources Corporation, the privately owned company located in Austin and Dallas, Texas USA. He also serves as Director of Maple Gas Corporation del Peru. Jack graduated with a Juris Doctor degree from the University of Texas (1971) and a degree in Petroleum Land Management from the University of Texas( 1968). Jack is a U.S. Citizen, and resides in Austin and Dallas, Texas.


Omar Hernandez

MMEX Project Manager

Mr. Hernandez is responsible for project management for Maple. He supervised the design and construction of Maple’s Peru Aguaytia gas & power related facilities including gas gathering, processing, fractionation, NGL pipeline and gas transmission and the 175 megawatt gas turbine power plant. His previous experience includes a Project Manager for Freese and Nichols, a Senior Facilities Engineer for Crosstex Energy and a Senior Engineer for South Cross Energy. Mr. Hernandez graduated with a BSCE degree from New Mexico State University and a Master Degree in Engineering from Texas A&M University.


Edgardo Castro Ojeda

Chief Geologist

Former Chief Geologist Maple Energy

Mr. Castro joined Maple Energy in 1992 to head up the oil and gas exploration and development efforts of Maple in Peru. Mr. Castro is a Petroleum geologist with a career in international petroleum. He has five decades of experience, evaluating and drilling gas prospects, in the U.S., Africa, Middle East and Latin America, mainly in Peru. Mr. Castro graduated as a Geologist and Geological engineer from the University of San Agustin in Arequipa Peru and with a master in Geology from the University of Laramie, Wyoming, U.S.A. Mr Castro was the chief geologist for International Petroleum Co. in Talara, Peru, and prior to that was head of the Geology Dept of Perupetro. Edgardo is a Peruvian and U.S. citizen and resides in Houston, Texas.

Juan Jose Munar

General Manager and Director Project Development

Currently, Partner Munar & Munar

Mr. Munar has over 17 years of experience working on the energy and oil and gas industry. He started working for Maple in 1995 and resigned on 1998 when he went to work for Honolulu Cofee Company in Hawaii, USA, where he served as a General Manager until 2001, when he returned to Peru and joined Maple again holding various positions. He was appointed Legal Manager for Maple Etanol S.R.l. from 2007 to 2014. Mr. Munar holds a Law Degree from Universidad San Martin (Lima, Peru) and a Master in Business Administration (MBA) from INCAE Business School (Costa Rica) and from Universidad Adolfo Ibañez (Chile). Juan Jose is a Peruvian citizen residing in Lima, Peru.

Dennis Gauger

Consultant-Accounting and Finance

Mr. Gauger’s professional experience includes over twenty-five years in executive financial management and consultant positions and experience in three offices of Deloitte & Touche, including nine years as an accounting and auditing partner. Mr. Gauger is experienced in a variety of industries, including mining, high technology, and internet. His specialties include: SEC accounting and reporting, internal accounting controls, compliance, mergers and acquisitions, and general business consulting. Mr. Gauger graduated with honors from Brigham Young University with a degree in accounting. He is a licensed Certified Public Accountant in Utah and Nevada and a member of the American Institute of Certified Public Accountants and Utah Association of Certified Public Accountants.

Alexis Hanks

Manager Administration

Miss Hanks joined MMEX Resources in 2016 and is responsible for managing the process of moving new projects forward. Miss Hanks holds an International Business and Economics degree from the University of Denver.



MMEX Resources Announces Plan to Build $450 Million Refinery in Permian Basin

50,000 barrels per day capacity state-of-the-art facility intends to leverage existing infrastructure, bring economic benefits to Fort Stockton, Texas area

MMEX Resources Corp. (OTCPK: MMEX), a global energy company focusing on the acquisition, development and financing of oil, gas, refining and infrastructure projects in Texas and South America, announced today that it plans to build a $450 million, 50,000 barrels per day capacity crude oil refinery in the West Texas Permian Basin, subject to the receipt of required governmental permits and completion of required debt and equity financing.

Located 20 miles northeast of Fort Stockton, Texas, near the Sulfur Junction spur of the Texas Pacifico Railroad, the 250-acre facility intends to utilize its connection to existing railways to export diesel, gasoline, and jet fuels; liquefied petroleum gas; and crude oil to western Mexico and South America. Once completed, the Pecos County refinery will be one of the first oil refineries built in the United States in more than 40 years.

Jack W. Hanks, President & CEO of MMEX Resources Corp., commented: “The Permian Basin is the largest continuous oil discovery in America and has experienced exponential gains in daily production volume recently. The existing facilities and pipeline networks are largely unequipped to handle this growth and are limiting where products can be transported. By building a state-of-the-art refinery along the region’s existing railway infrastructure, we hope to bring a local and export market for crude oil and refined products which will add substantial job and economic growth to West Texas.”

MMEX plans to surround the Pecos County refinery with an additional 250 acres of buffer property and leverage state-of-the-art emissions technologies to yield minimal environmental impact. It also expects to feature closed-in water and air-cooling systems, which will require very little local water resources. Construction is slated to begin in early 2018, following the permitting process, and the facility is projected to begin operations in 2019.

The company anticipates the 18-month construction process will create approximately 400 jobs in the area during peak construction, as well as foster a significant number of indirect jobs and revenue for companies in catering, workforce housing, construction, equipment and other industries. Once operational, the facility is expected to provide an estimated 100 permanent jobs and generate substantial tax revenue for Pecos County.

The MMEX management team has more than 30 years of experience building and managing multi-million dollar gas processing, pipelines, power plants, refinery and oil and gas operations in Peru and the United States. MMEX purchased the rights to the project from Maple Resources Corporation. As with each of its previous projects, the management team will establish local offices and representatives to keep the surrounding communities informed throughout the construction phase and once the refinery is fully operational.

“MMEX Resources is eager to work alongside the Pecos County community to produce a state-of-the-art facility that opens up economic and job opportunities for the region. The safety of our employees, the neighboring community and the environment are our top priorities,” concluded Hanks.

About MMEX Resources Corp.

MMEX Resources Corporation (MMEX) is a development stage company formed to engage in the exploration, extraction, refining and distribution of oil, gas, petroleum products and electric power. MMEX focuses on the acquisition, development and financing of oil, gas, refining and electric power projects in Texas, Peru, and other countries in Latin America.

The following constitutes a "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, which could cause our actual results to differ materially from those described in the forward looking statements. These risks include but are not limited to general business conditions, the requirement to obtain financing to pursue our business plan, our history of operating losses and other risks detailed from time to time in the Company's SEC reports. MMEX undertakes no obligation to update forward-looking statements.

Media Inquiries

Danielle Urban
Pierpont Communications

Community Inquiries

Travis Lawson
Pierpont Communications
Source: MMEX Resources Corp.

News Stories 
Assorted News outlets thru out Texas all over this.... ;
Fox News broadcast stating Judge Shuster stating 400-450 new HIGH paying jobs and also 

" FAST TRACKING" permits. 

Their were 4-5 NEWS stories broadcast Thur out the region !!! A SCAM ?? Lmfao... ;

Senator Ted Cruz weighing in last Friday !!! ;

Exxon/Mobil Involvement... ;

Pres. Trump weighing in last week in the Region ;



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MMEX News: Quarterly Report (10-q) 12/12/2017 12:56:50 PM
MMEX News: Current Report Filing (8-k) 11/21/2017 10:01:16 AM
MMEX News: 3 Small-Cap Stocks To Play The Oil Recovery 11/15/2017 07:00:00 AM
MMEX News: Securities Registration Statement (s-1/a) 11/03/2017 01:28:11 PM
MMEX News: Current Report Filing (8-k) 10/25/2017 05:16:43 PM
#79351  Sticky Note Share-selling schemes like MMEX all rely upon trading jmjjw 12/14/17 08:53:15 AM
#78757  Sticky Note MMEX Oil Refinery Project Updates PTL 12/07/17 09:05:31 AM
#78600  Sticky Note Thanks. It is quite true. B shares CEOs 12/05/17 04:56:38 PM
#76111  Sticky Note MMEX weekly chart(s)~~~For the week up +15.94% tothe 11/18/17 03:02:28 PM
#75976  Sticky Note Groundbreaking CBS News Coverage and KWEL Radio Interview foxtrader 11/18/17 07:09:21 AM
#74045  Sticky Note OTC Markets Group Welcomes New OTCQB Companies – whizent1 11/03/17 02:01:07 AM
#36997  Sticky Note Final Warning - Please Read: IH Admin [Shelly] 04/10/17 10:44:00 AM
#79499   Yep, gate locked, nothing going on. pepeoil 12/16/17 09:48:07 AM
#79498   There are certain sources, and this particular one CEOs 12/16/17 09:18:51 AM
#79497   Awesome... MMEX BUYING EXXON...ALSO I HEARD SHELL OIL IS Carjockey2 12/16/17 09:14:38 AM
#79496   The proof is right here: Posted by: pepeoil In reply CEOs 12/16/17 09:12:16 AM
#79495   Link? Proof? I have none like everyone else TAB78 12/16/17 08:40:21 AM
#79492   Link please Txinvestor1 12/15/17 06:44:14 PM
#79490   Do I understood it right MMEX is going TAB78 12/15/17 06:00:53 PM
#79488   Aside from the obvious facts on MMEX that jmjjw 12/15/17 05:35:45 PM
#79485   Ouch MMEX! Another tough day… jmjjw 12/15/17 04:57:08 PM
#79484   Right on! Have a great week end Mmex! CEOs 12/15/17 04:57:01 PM
#79482   Market opens on Monday at 9:30 am for CEOs 12/15/17 04:48:51 PM
#79480   Will mmex be the first to ever make pepeoil 12/15/17 04:30:15 PM
#79479   Mmex buying Enron? Awesome pepeoil 12/15/17 04:22:45 PM
#79478   Watch and enjoy as mmex builds a CDU CEOs 12/15/17 04:22:15 PM
#79477   Mmex buying out Exxon and shell? pepeoil 12/15/17 04:20:17 PM
#79475   They are sure being silence since the groundbreaking, josemaria 12/15/17 04:17:59 PM
#79474   I am going to buy Exxon. pepeoil 12/15/17 04:16:07 PM
#79473   Another nice accumulation day! Txinvestor1 12/15/17 04:00:08 PM
#79472   Mmex is going to build a CDU Watch and CEOs 12/15/17 03:54:42 PM
#79471   Yep, gates are locked today, nothing going on pepeoil 12/15/17 03:52:50 PM
#79470   Agree. MMEX elks 12/15/17 03:42:28 PM
#79469   Hanks and his ongoing MMEX CDU build will CEOs 12/15/17 03:38:27 PM
#79468   Hanks and his ongoing MMEX share printing press crowin 12/15/17 03:34:45 PM
#79467   And of course that means, shares are being CEOs 12/15/17 03:31:28 PM
#79466   accumulation of MMEX is occurring - distribution/dumping - CEOs 12/15/17 03:13:30 PM
#79465   No accumulation of MMEX is occurring - more jmjjw 12/15/17 03:09:14 PM
#79464   The accumulation continues today, total success here CEOs 12/15/17 02:58:20 PM
#79463   The dumping continues today, total disaster here pepeoil 12/15/17 02:56:30 PM
#79462   May good fortune and the passage of time CEOs 12/15/17 02:41:12 PM
#79461   Just speaking the truth as to the information edwardscott52 12/15/17 02:38:47 PM
#79459   Looking forward to it.! Mmex CEOs 12/15/17 02:35:19 PM
#79458   I’m crossing my fingers. Thanks a lot for your CEOs 12/15/17 02:34:46 PM
#79457   Have a wonderful day everyone !!!! edwardscott52 12/15/17 02:30:02 PM
#79456   I know of a couple of other companys edwardscott52 12/15/17 02:28:17 PM
#79455   MMEX is clearly, and demonstrably a share-selling scheme. jmjjw 12/15/17 02:19:02 PM
#79454   You are 100000000% correct in your assessment. Also edwardscott52 12/15/17 02:17:21 PM
#79453   MMEX will have project financing. Which part of CEOs 12/15/17 02:04:01 PM
#79451   MMEX has no project financing. crowin 12/15/17 02:00:31 PM
#79450   Lmao. Good one. Mmex is building a CDU CEOs 12/15/17 01:57:33 PM
#79449   Well, there goes MMEX's QB status. Looks like towerclimber92 12/15/17 01:55:04 PM
#79448   The lead times for MMEX are not relevant CEOs 12/15/17 01:52:26 PM
#79447   The lead times for MMEX are not relevant jmjjw 12/15/17 01:48:20 PM
#79446   Wait for it an enjoy, or not. Mmex is CEOs 12/15/17 01:28:04 PM
#79445   Do you know the lead time of any Supernova12 12/15/17 01:17:42 PM
#79444   Nothing is being built anywhere - no construction jmjjw 12/15/17 01:15:58 PM
#79443   Lmao. Amazing how it is thought that CEOs 12/15/17 01:08:27 PM
#79442   There is nothing being built on site, the pepeoil 12/15/17 01:04:40 PM
#79441   Lmao... Mmex is building a CDU. I can already see CEOs 12/15/17 12:59:03 PM
#79440   Know you know why it’s a favorite stock Triple nickle 12/15/17 12:47:45 PM
#79439   See you - keep it real Supernova12 12/15/17 12:43:53 PM