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MMEX Resources Corp. (MMEX)

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Moderator: Toxic Avenger, PTL, whizent1, CEOs, Homebrew, tendayer
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Last Post: 8/20/2017 11:10:13 PM - Followers: 708 - Board type: Free - Posts Today: 0



Outstanding Shares March 28, 2017 there were 2,479,282,834
Up from 924,423,522 a/o Feb 24, 2017
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.

Our Experience




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 ;
 MMEX Surviving on Toxic Debt Financing

Numerous Toxic Convertible Debt Deals , No Legit Financing Yet.


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MMEX News: Securities Registration Statement (s-1/a) 08/11/2017 04:45:47 PM
MMEX News: Annual Report (10-k) 07/28/2017 04:21:27 PM
MMEX News: Current Report Filing (8-k) 07/10/2017 02:49:31 PM
MMEX News: Securities Registration Statement (s-1) 06/26/2017 06:04:20 AM
MMEX News: Current Report Filing (8-k) 06/13/2017 03:39:58 PM
#65465  Sticky Note MMEX: PTL 08/07/17 01:36:44 PM
#63031  Sticky Note And here's just a small SUBSET of Jack shajandr 07/08/17 05:23:10 AM
#62205  Sticky Note NEWS PIN POST MMEX Resources Corp. Announces Strategic Stacking goods 06/26/17 09:50:16 AM
#62140  Sticky Note 800 million more shares being registered so they Toxic Avenger 06/26/17 06:37:09 AM
#55771  Sticky Note Mmex and jack presenting at this conference tendayer 05/20/17 05:41:38 PM
#36997  Sticky Note Final Warning - Please Read: IH Admin [Shelly] 04/10/17 10:44:00 AM
#66434   #37 on breakout boards gradually it's going huge imo tastock 08/20/17 11:10:13 PM
#66433   uptrend coming for many wks ahead after permit approval================= Tonyeight 08/20/17 11:06:04 PM
#66432   I believe that's very possible this week. jonestint 08/20/17 11:02:12 PM
#66431   One needs to review the 'value' of a CEOs 08/20/17 10:50:57 PM
#66430   this wk==0.012==0.02+ by coming friday Tonyeight 08/20/17 10:38:11 PM
#66429   Do you really honestly think it can go gdturner 08/20/17 10:10:06 PM
#66428   QUESTION....If you knew it was going to a bbcars 08/20/17 09:44:56 PM
#66427   It will.012 tomorrow imo tastock 08/20/17 09:28:17 PM
#66426   No doubt. Emotions play a lot. CEOs 08/20/17 08:09:42 PM
#66425   You are probably correct with an added caveat. mikoli007 08/20/17 07:54:35 PM
#66424   That $5.13 came from Edwardscot, I asked him mikoli007 08/20/17 07:52:22 PM
#66423   Who knows. But if we don't, it CEOs 08/20/17 07:02:09 PM
#66422   141 trades means more peeps comming .The people tastock 08/20/17 07:01:21 PM
#66421   I have a feeling we will see close jonestint 08/20/17 06:55:24 PM
#66420   Almost 20 day they filled for permit. approval tastock 08/20/17 06:54:49 PM
#66419   U BET >>>>>>>>>>to many Tonyeight 08/20/17 06:54:20 PM
#66418   Yes. Sir All the Ducks are lining up bears3434 08/20/17 06:40:22 PM
#66417   I think for paper, it needs help from CEOs 08/20/17 06:10:50 PM
#66416   Agreed I was looking @ after up and bears3434 08/20/17 06:07:32 PM
#66415   Not to burst anyone's bubble, but it is CEOs 08/20/17 05:56:29 PM
#66414   Need to do a little more DD 1st. bears3434 08/20/17 05:51:41 PM
#66413   This will see new highs by November... LifeChanger$$$$$$ TooYoungToDie 08/20/17 05:49:18 PM
#66412   So which of those oil stocks are the mikoli007 08/20/17 05:20:41 PM
#66411   Nah, Trump is pro coal and American companies Chartmaster 08/20/17 04:18:11 PM
#66410   Soon the big bulls will come in then elks 08/20/17 02:30:08 PM
#66409   Chart looklike very bullish imo tastock 08/20/17 02:22:54 PM
#66408   you got that right ill be there too elks 08/20/17 02:05:52 PM
#66407   Nice accumulation Friday and a great week all MycoalM 08/20/17 01:26:12 PM
#66406   Stock TA , BULLISH Across the Board $$$$ bears3434 08/20/17 01:18:52 PM
#66405   I'll be ez to find, be wearing Walter bears3434 08/20/17 12:09:26 PM
#66404   Maybe Elks and I can meet you there! 2012sandman 08/20/17 12:06:07 PM
#66403   I can Vision Bull Dozers & Cranes on bears3434 08/20/17 12:03:37 PM
#66402   MMEX #42 on the Breakout Board, lets keep 2012sandman 08/20/17 11:55:55 AM
#66401   lmao Ocean challenger 08/20/17 11:33:09 AM
#66400   Thank you sir great job you posted this tastock 08/20/17 11:27:39 AM
#66399   Heir is no doubt !!! Holding & adding bears3434 08/20/17 11:27:10 AM
#66398   mmex will make that list .............. elks 08/20/17 11:24:27 AM
#66397   Thank you !!! That's the one we looking for... bears3434 08/20/17 10:46:39 AM
#66396,SU,PSX,STO,VLO,YPF,MPC,IMO, mikoli007 08/20/17 08:23:43 AM
#66395   Lol, I got him on twitter !!! bears3434 08/20/17 05:19:43 AM
#66394   I just got off the phone with Trump. PINKPASTE 08/20/17 01:48:06 AM
#66391   I have been saying this all along !!! bears3434 08/19/17 09:50:12 PM
#66390   Going up enough said nice chart Mmex elks 08/19/17 08:50:52 PM
#66389   This time MMEX rally has legs, chart shows Chartmaster 08/19/17 08:46:16 PM
#66388   it has been talked abought on the board. driver103 08/19/17 08:22:32 PM
#66387   Government can lnvolve and can cash the situation tastock 08/19/17 08:04:11 PM
#66386   Agreed, does anyone else think that at some leprechaunGOLD 08/19/17 07:19:53 PM
#66385   Next week would be great. May be .02 tastock 08/19/17 07:16:27 PM
#66384   Back in most read board getting attention imo tastock 08/19/17 07:07:27 PM
#66383   This stock has potential to reach that levels imo tastock 08/19/17 06:58:55 PM