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MMEX Resources Corp. (MMEX)

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MMEX RESOURCES CORPORATION ("MMEX")

http://www.mmexresources.com/




 


Outstanding Shares 924,423,522 a/o Feb 24, 2017


https://www.otcmarkets.com/stock/MMEX/profile


400M Shares restricted held by insiders... IN LATEST Q +
 
 



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.



Our Experience








 

 

MMEX PRESS RELEASE 3-07-17


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
AUSTIN, TEXAS, March 07, 2017 (GLOBE NEWSWIRE) --

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
512-448-4950
[email protected]

Community Inquiries

Travis Lawson
Pierpont Communications
713-627-2223
[email protected]
Source: MMEX Resources Corp.
 


http://www.bizjournals.com/sanantonio/news/2017/03/07/texas-company-announces-plans-to-build-450-million.html




News Stories
http://www.gosanangelo.com/story/news/local/2017/03/10/austin-firm-build-450m-refinery-near-fort-stockton/99009994/?utm_campaign=%5B%27PVs%27%5D&utm_source=%5B%27social%27%5D&utm_medium=%5B%27Twitter%27%5D 
Assorted News outlets thru out Texas all over this.... 

http://www.yourbasin.com/news/a-refinery-to-be-built-in-pecos-county-could-signify-400-new-jobs/668710048 ;
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... 
https://m.youtube.com/watch?v=6IzLWtH_kEA ;

Senator Ted Cruz weighing in last Friday !!! 
https://oilmanmagazine.com/senator-ted-cruzs-endorsement-oil-gas-industry-timely/ ;

Exxon/Mobil Involvement... 
http://www.bicmagazine.com/departments/engineering-construction-subsection/exxonmobil-plans-investments-of-20-billion-to-expand-manufac/ ;



Pres. Trump weighing in last week in the Region 
https://m.facebook.com/story.php?story_fbid=10158755094360725&id=153080620724 ;
JOBS! JOBS! JOBS!!



http://www.kswo.com/story/34701317/fort-stockton-may-see-an-oil-refinery-that-may-bring-500-jobs
----------------------
http://www.mrt.com/business/oil/article/Austin-firm-announces-plans-for-Pecos-County-10984008.php
----------------------
http://www.fortstocktonpioneer.com/news/article_c095e8d2-0442-11e7-b6f9-ef65c47e9598.html
----------------------
http://www.rigzone.com/news/oil_gas/a/148762/Permian_Basin_Refinery_Project_Would_Create_Hundreds_of_Jobs?utm_source=DailyNewsletter&utm_medium=email&utm_term=2017-03-08&utm_content=&utm_campaign=Production_3
----------------------
http://www.expressnews.com/business/eagle-ford-energy/article/Austin-company-tries-to-raise-450-M-to-build-new-10986970.php
----------------------
https://www.bloomberg.com/press-releases/2017-03-07/mmex-resources-announces-plan-to-build-450-million-refinery-in-permian-basin
----------------------
http://www.newswest9.com/story/34692035/mmex-resources-plan-to-build-refinery-in-pecos-county
 
 
 
 

 

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MMEX News: Halitron, Inc. (OTC Pink: HAON) Signs LOI for $4.5 million Acquisition Target, First Since Non-Toxic Funding 03/20/2017 06:40:00 AM
MMEX News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 03/17/2017 11:17:20 AM
MMEX News: Quarterly Report (10-q) 03/13/2017 12:56:48 PM
MMEX News: Current Report Filing (8-k) 03/10/2017 08:31:03 AM
MMEX News: Quarterly Report (10-q) 02/24/2017 02:47:11 PM
PostSubject
#13483  Sticky Note With this Significant MMEX Project Confirmation stervc 03/16/17 07:36:20 PM
#11550  Sticky Note PROOF THAT THE 7 BILLION SHARES WILL NOT alabama96 03/14/17 10:38:18 AM
#10702  Sticky Note MMEX .583 Valuation & $30 Million NOL Tax Shelter stervc 03/13/17 03:42:44 PM
#9023  Sticky Note $MMEX MMEX Resources Announces Plan to Build $450 $Pistol Pete$ 03/12/17 05:36:59 AM
#8887  Sticky Note MMEX valuations.. Incoming merger values the assets alone with HokieHead 03/11/17 11:15:41 PM
#15726   E*TRADE mobile has free L2 matt616 03/23/17 08:07:57 AM
#15725   Thx for reply, MMEX $$$$$$$$$$$$ coach70 03/23/17 08:03:42 AM
#15724   Thank you bro... Very awesome news john_djr 03/23/17 07:45:15 AM
#15723   Awesome News!! percival77 03/23/17 07:23:37 AM
#15722   Just throw 25 grand in an E*TRADE account GreenMachine 03/23/17 07:22:02 AM
#15721   Wow all Refinery Stocks in Dollars or Close percival77 03/23/17 07:18:28 AM
#15720   Guys anybody knows free L2, i'm tired pay coach70 03/23/17 07:18:16 AM
#15719   Good morning, I ran out of posts last Supernova12 03/23/17 07:16:38 AM
#15718   Does anyone know of a company/companies that operate pennybuyer11 03/23/17 07:13:18 AM
#15717   Holding until I see some valuation, permits, and/or retiredtech 03/23/17 07:11:48 AM
#15716   I'd like to see that. We had StaleyCornell 03/23/17 06:59:39 AM
#15714   Man they have many people in this stock chrisre1 03/23/17 06:54:52 AM
#15713   List of refinery stocks,Jjust dreamin';: retiredtech 03/23/17 06:54:07 AM
#15712   Where MMEX is headed-current refinery stock prices and dividends: retiredtech 03/23/17 06:37:38 AM
#15711   Let's go for a penny flippers need to Stacking goods 03/23/17 06:31:56 AM
#15710   Got in with a small chunk yesterday. Should The master of pluots 03/23/17 05:54:57 AM
#15709   The way this had been trading, we will wcrash655 03/23/17 05:44:25 AM
#15708   Will we touch .007s today? I wouldn't mind StaleyCornell 03/23/17 04:40:34 AM
#15707   Shush. Let's make a few hunnit k and Paul Wall 03/23/17 01:44:44 AM
#15706   I don't know if anyone has posted this tradedawg 03/23/17 01:32:24 AM
#15705   We are definitely staying green just not sure Orangefan1974 03/23/17 01:13:04 AM
#15704   I see a lot of new faces here Tog4wrd 03/23/17 12:36:12 AM
#15702   I think today we were set to go Kallie 03/23/17 12:19:43 AM
#15701   We fly so high and we know this Stacking goods 03/22/17 11:41:57 PM
#15700   testing to breakthrough to pennyland like expected$$$ Stocksnerd 03/22/17 11:34:50 PM
#15699   Expectations for tomorrow? PrepareForGlory 03/22/17 11:12:44 PM
#15698   Awesome Post!! percival77 03/22/17 10:55:21 PM
#15697   Yeah, suuuuuuuure they will, wink wink. Homebrew 03/22/17 10:43:32 PM
#15696   We are are already running Towards a Penny!! Lolzzz percival77 03/22/17 10:43:19 PM
#15695   look around you crowin buy buy elks 03/22/17 10:35:33 PM
#15691   Lookig forValuation sometime this month Tonyeight 03/22/17 10:27:48 PM
#15690   MMEX will build a refinery. Period . Imho redskinpride 03/22/17 10:23:48 PM
#15688   I don't agree, glty 2 4 6 0 1 03/22/17 10:18:16 PM
#15687   MMEX is a no brainer share selling SCAM!! crowin 03/22/17 10:10:29 PM
#15686   MMEX BUILDING A HUGE OIL FINEARY THERE seriousonly 03/22/17 10:04:19 PM
#15685   Na he's a young fella. He's still figuring Read-Dark Pool 03/22/17 09:53:55 PM
#15683   MMEX IS 8 BALL IN HOLE $ Tonyeight 03/22/17 09:48:22 PM
#15682   Going to write in my book that we TriggerHappySal 03/22/17 09:41:01 PM
#15681   hey i am just a kid in fact ben1856 03/22/17 09:38:27 PM
#15680   So to answer your question. Not worth my Read-Dark Pool 03/22/17 09:38:20 PM
#15679   Here let me know if you want me Read-Dark Pool 03/22/17 09:37:35 PM
#15676   you're hilarious buddy but i'm sorry a stock ben1856 03/22/17 09:30:53 PM
#15675   Lololol os as there's a reason he made xfrozenx 03/22/17 09:30:00 PM
#15672   Lmao yo I have 2 followers. Been around Read-Dark Pool 03/22/17 09:23:30 PM
#15671   Yes sir adding at these levels is A bears3434 03/22/17 09:22:50 PM
#15670   Lmao has no idea what he's talking about Read-Dark Pool 03/22/17 09:19:59 PM
#15669   Do your dd. Buying all I elks 03/22/17 09:19:43 PM
#15668   not with the ss of this stock it's ben1856 03/22/17 09:13:22 PM
#15667   Smart investor wayyy deeper than ihub are controlling wcrash655 03/22/17 09:08:50 PM
#15666   I am adding weekly only 50-250k every week xfrozenx 03/22/17 09:07:58 PM
PostSubject