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MMEX Resources Corp. (MMEX)

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Last Post: 5/23/2017 8:17:59 PM - Followers: 756 - Board type: Free - Posts Today: 263



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
durban@piercom.com

Community Inquiries

Travis Lawson
Pierpont Communications
713-627-2223
tlawson@piercom.com
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
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MMEX News: Current Report Filing (8-k) 05/19/2017 01:01:43 PM
MMEX News: Current Report Filing (8-k) 04/27/2017 06:12:07 AM
MMEX News: These Energy Companies May Have Significant Potential and Initiating Coverage on a Mobile Tech Company 04/20/2017 09:00:00 AM
MMEX News: Current Report Filing (8-k) 04/17/2017 10:19:37 AM
MMEX News: Current Report Filing (8-k) 04/03/2017 01:23:43 PM
PostSubject
#55771  Sticky Note Mmex and jack presenting at this conference http://nebula.wsimg.com/8a2e48dab123e9436455e7e43975dd8e tendayer 05/20/17 05:41:38 PM
#53986  Sticky Note Pretty obvious with 30 seconds of DD. Toxic Avenger 05/15/17 11:29:26 AM
#45013  Sticky Note MMEX Resources Announces Strategic Relationship with Trinity Consultants whizent1 04/19/17 02:42:21 PM
#36997  Sticky Note Final Warning - Please Read: IH Admin [Shelly] 04/10/17 10:44:00 AM
#10702  Sticky Note MMEX .583 Valuation & $30 Million NOL Tax Shelter stervc 03/13/17 03:42:44 PM
#56376   News tomorrow or Thursday I think...it is obvious GoldenMind 05/23/17 08:25:45 PM
#56375   Anyone have any guesses on when or if stuntmanpatch 05/23/17 08:19:36 PM
#56373   Serious Question why is the Ibox showing 923Mil kingmack 05/23/17 08:17:59 PM
#56372   Timber Tomorrow Morning, Bank on it my Friends. GLTA kingmack 05/23/17 08:15:27 PM
#56371   Omg. Serious? What other outlandish claim is next? mrcarnita 05/23/17 08:12:18 PM
#56370   You've proven to be terrible at these predictions Bgmoney10 05/23/17 08:10:31 PM
#56369   Lmao. That is hilarious. Pretty irrelevant CEOs 05/23/17 08:07:18 PM
#56368   Then why didn't KPE or Trinity sack up I-Glow 05/23/17 08:03:13 PM
#56367   Tomorrow is going to be awful for MMEX, kingmack 05/23/17 07:55:56 PM
#56366   Cant really say anything new at ANY of Big Stainer 05/23/17 07:40:30 PM
#56364   Very strong buy... john_djr 05/23/17 07:10:27 PM
#56363   The only DD that matters is KPE and CEOs 05/23/17 07:06:02 PM
#56362   Guess I'll be one of the 10-15 people Hoya Saxa 05/23/17 07:05:27 PM
#56361   $MMEX time to bullish buy before it gets Prosper/high 05/23/17 06:54:41 PM
#56360   This is the ninth annual conference! Thousands will be mikar 05/23/17 06:48:14 PM
#56358   Here is your chance - go through the I-Glow 05/23/17 06:35:09 PM
#56355   The website looks straight out of 2000 - I-Glow 05/23/17 06:27:25 PM
#56354   MMEX = STRONG BUY!!! Erico6969 05/23/17 06:26:59 PM
#56352   I think this could be a catalyst moving elks 05/23/17 06:25:29 PM
#56351   Anyone getting their DD from Insider Financial likely thinMANSrun 05/23/17 06:24:02 PM
#56350   In regards to the land Hanks also stated, mikar 05/23/17 06:23:28 PM
#56349   Sorry admin. I'll keep it focused on MMEX. Hallbc23 05/23/17 06:20:52 PM
#56348   I completely agree the serial scammer Hanks should I-Glow 05/23/17 06:20:29 PM
#56346   When OTCM scams such as MMEX hit Cult I-Glow 05/23/17 06:18:25 PM
#56342   Hanks is also scheduled to speak at the mikar 05/23/17 06:14:05 PM
#56340   A Minimum Continuing Legal Education (MCLE) Non-practicing Exemption Shft66 05/23/17 06:12:25 PM
#56337   Here is the caveat to your post: "This I-Glow 05/23/17 06:09:47 PM
#56333   IGLOW I am accurate, you provided cut off Shft66 05/23/17 06:06:16 PM
#56332   You obviously didn't read the MMEX financials. There I-Glow 05/23/17 06:04:24 PM
#56328   The Absolute Funniest Statement Ever from Hanks! I-Glow 05/23/17 05:53:34 PM
#56327   Glow i couldnt find your quote anywhere on Erico6969 05/23/17 05:53:07 PM
#56325   As always please be specific about what I I-Glow 05/23/17 05:45:49 PM
#56324   Yup, it will come. There is so much AgeIsCritical 05/23/17 05:43:47 PM
#56323   It was obviously the pumping press releases and I-Glow 05/23/17 05:42:39 PM
#56322   Just a matter of patience! Oversold here. Erico6969 05/23/17 05:39:26 PM
#56321   Indeed! Any good news that hits will see Erico6969 05/23/17 05:38:36 PM
#56320   You think it can happen again in your opinion? Goodtimes79 05/23/17 05:35:32 PM
#56319   People securing their shares for a one in Erico6969 05/23/17 05:30:21 PM
#56318   Investment banking deal.... The Rainmaker 05/23/17 05:28:06 PM
#56317   Can anyone explain what the reason was for Goodtimes79 05/23/17 05:27:57 PM
#56316   MMEX one of the best OTC ticker 2017!! Erico6969 05/23/17 05:27:54 PM
#56315   That isn't accurate - you left out a I-Glow 05/23/17 05:24:47 PM
#56313   Just waiting for the catalyst AgeIsCritical 05/23/17 05:21:45 PM
#56312   Can't Spin This! ksbigger 05/23/17 05:21:06 PM
#56311   RSI OVERSOLD!! http://www.stockta.com/cgi-bin/analysis.pl?symb=Mmex&table=rsi&mo Erico6969 05/23/17 05:20:27 PM
#56310   Bears were quiet yesterday. Today they flood lol. austin08 05/23/17 05:17:31 PM
#56308   Just another related party transaction between Hanks and I-Glow 05/23/17 05:13:39 PM
#56306   Yess very true! This is a strong buy Erico6969 05/23/17 05:09:28 PM
#56305   You missed the the point about Hanks - I-Glow 05/23/17 05:06:54 PM
#56304   This is a signal that we must Load percival77 05/23/17 05:03:01 PM
PostSubject