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MMEX Resources Corp. (MMEX)

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Last Post: 1/20/2018 12:22:11 AM - Followers: 710 - Board type: Free - Posts Today: 3


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 ;
Here's just a small SUBSET of Jack Hanks' scams, investor swindles,
and shell games over the past 3 decades:

Mmex mining 
Maple resources 
Latam services 
Infrastructure fund of texas 
Maple management 
Maple project finance 
Collet oil ventures 
The maple gas corp 
Maple water company 
Jre holdings 
Jre finance 
Maple gulf coast properties 
Condor oilfield service 
Maple power resources 
Sting sports group 
Maple carpenter creek 
Montana royalty 
Maple structure holding 
Maple coal services 
Maple werks 
Notre capitol centures 

There are even more. In each case, Hanks has left a trail of busted, broke, and dazed investors he swindled behind. 

Jack Hanks has been a professional conman - swindling investors as his means of generating his income - for over 30 years. 

It's what he does. It's who he is. It's ALL he is and ALL he does. 

So far in this boolsheet story, he's taken three floorless CONvertible debt financings and one $3million (+$80,000 upfront floorless CONvertible note) synthetic floorless CONvertible debt financing styled as a stock offering by pre-registering the shares with an S-1 so that there is no Rule 144 holding period of 6 months required - the debt is floorlessly (with huge discount to market) CONverted directly into registered, free-trading shares and DUMPED into the market immediately - a floorless CONvertible debt deal on steroids! 

Hanks is a crook - has been for over 30 years. It's nott even debatable. 

he's already set up new shells he controls in this scam - so he can shuffle all the peas under the shells into his pocket. It's how he works - and how he swindles since that 1986 crooked scam he pulled with Salt Lake and the Feds.

=========================================================================================================MMEX Site Location 

MMEX Looking South at main entry gate from Gulf Plant Road 

MMEX Looking East toward Titan-Lansing Transloading 

MMEX Looking West toward Flag Pole/Groundbreaking Site 

MMEX Looking Southwest over main site 

Texas-Pacifico Consist backing into Titan-Lansing Transloading, viewed from MMEX Gate (train is backing east-northeast)


Maps of dual pipeline to the MMEX Refinery

Pipeline Projects Move Ahead To Tackle Rising Texas Shale Output Friday, January 05, 2018

This is a map, extracted from the Railroad Commission of Texas GIS site (RCT permits pipelines in Texas) The green lines are natural gas pipelines, the light blue lines are crude oil lines. The red polygon is MMEX’s location


7 BILLION Authorized Share Increase to satisfy Toxic Funding


Current Price
Bid Ask Day's Range
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  • 6M
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MMEX News: Amended Statement of Changes in Beneficial Ownership (4/a) 01/18/2018 01:03:43 PM
MMEX News: Statement of Changes in Beneficial Ownership (4) 01/18/2018 12:31:40 PM
MMEX News: Current Report Filing (8-k) 01/12/2018 03:01:41 PM
MMEX News: Proxy Statement - Other Information (preliminary) (pre 14c) 01/08/2018 10:40:53 AM
MMEX News: Quarterly Report (10-q) 12/12/2017 12:56:50 PM
#83183  Sticky Note you will lose all your money as after Peter1308 01/16/18 12:52:05 PM
#83065  Sticky Note MMEX weekly chart(s)~~~For the week down -7.59% or tothe 01/15/18 02:16:24 PM
#82210  Sticky Note MMEX NEWS: Vfuels completes FEED for MMEX Resources PTL 01/09/18 10:18:49 PM
#79351  Sticky Note Share-selling schemes like MMEX all rely upon trading jmjjw 12/14/17 08:53:15 AM
#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
#83706   Hanks will never ever build an Oil Refinery crowin 01/20/18 12:22:11 AM
#83705   For MMEX, nothing will be operational by the jmjjw 01/20/18 12:12:48 AM
#83704   Flushing out an MMEX promotor is trivially easy. jmjjw 01/20/18 12:04:38 AM
#83703   When a company doesn’t even try to self Txinvestor1 01/19/18 11:58:45 PM
#83702   Crickets.... Go MMEX Carjockey2 01/19/18 11:05:08 PM
#83701   Lol.. Paid promoters..what..huh..seriously.. Sorry but this literally made te Carjockey2 01/19/18 10:53:35 PM
#83700   ROALMFAO.... THANK goodness I'm not GETTING paid Carjockey2 01/19/18 10:49:43 PM
#83699   I hope they aren’t getting paid. Lol Mmex CEOs 01/19/18 10:48:21 PM
#83698   Did they reply back to you? tastock 01/19/18 10:47:34 PM
#83697   After trading on the otc for over 8 Carjockey2 01/19/18 10:47:33 PM
#83696   This is the worst promoted stock in the CEOs 01/19/18 10:46:31 PM
#83695   Are you aware of any promotions on MMEX Carjockey2 01/19/18 10:44:52 PM
#83694   Where are you bro everything ok tastock 01/19/18 10:43:29 PM
#83693   I believe the calculations to be correct as CEOs 01/19/18 10:43:23 PM
#83692   I know what my MMEX calculations are and Carjockey2 01/19/18 10:42:41 PM
#83691   Could you possibly direct me to the promotion Carjockey2 01/19/18 10:41:37 PM
#83690   The S-1 isn’t effective. Thus any discussion CEOs 01/19/18 10:40:42 PM
#83689   LMAO... In my opinion there are a lot Carjockey2 01/19/18 10:39:16 PM
#83688   From the MMEX pre-14C, unaltered: jmjjw 01/19/18 10:36:45 PM
#83687   Call him and ask him. I Carjockey2 01/19/18 10:35:08 PM
#83686   Lol... >>>> Do you think MMEX will go Carjockey2 01/19/18 10:34:31 PM
#83685   And why hank is taking so long to tastock 01/19/18 10:33:43 PM
#83684   Do you think price will go up in tastock 01/19/18 10:32:33 PM
#83683   Who is a promoter...? Don't listen to paid Carjockey2 01/19/18 10:31:03 PM
#83682   Nope... My calculations are right on target... I've Carjockey2 01/19/18 10:28:31 PM
#83681   More misleading, and false information about MMEX... jmjjw 01/19/18 10:19:23 PM
#83680   It means where even closer than we were Carjockey2 01/19/18 09:33:17 PM
#83679   Every day t trade what it is tastock 01/19/18 09:28:52 PM
#83678   MMEX$$$$$$$$$ whizent1 01/19/18 09:19:25 PM
#83677   Shuuush MMEX is next.. Carjockey2 01/19/18 09:14:49 PM
#83676   Congratulations! THATS Awesome! $MMEX Cujo1972 01/19/18 06:21:06 PM
#83675   Fact... Not just a plan for MMEX :-) Carjockey2 01/19/18 05:59:37 PM
#83674   Sounds like a plan! Mmex CEOs 01/19/18 05:56:41 PM
#83673   I pulled 10K out of a stock today Carjockey2 01/19/18 05:52:36 PM
#83671   Thanks for your opinion... I disagree..... Probably more than Carjockey2 01/19/18 05:47:08 PM
#83670   Nothing positive is coming from MMEX - MMEX jmjjw 01/19/18 05:43:11 PM
#83669   Truth! Mmex CEOs 01/19/18 05:41:59 PM
#83668   Way over due..... Which I like.. Have a great night!! Carjockey2 01/19/18 05:40:13 PM
#83667   Noice! I’ve seen the magic. Mmex is due! CEOs 01/19/18 05:34:47 PM
#83666   It's's next.. Let the MMEX non believers fade Carjockey2 01/19/18 05:33:08 PM
#83665   Thank you. I enjoyed that and am CEOs 01/19/18 05:24:56 PM
#83664   Bless the soul of the MMEX the Carjockey2 01/19/18 05:23:44 PM
#83663   Great! That would be great too. Baby steps. CEOs 01/19/18 05:22:18 PM
#83662   WTF.. I'm not here for 2 cents... I Carjockey2 01/19/18 05:19:36 PM
#83661   Sure, why not. Some dream for .02 cents CEOs 01/19/18 05:17:40 PM
#83660   I am with you Ed....lets do this.. I am Carjockey2 01/19/18 05:17:19 PM
#83659   I have always said $5.13 without a R/S edwardscott52 01/19/18 05:08:56 PM
#83658   No...You can never have enough MMEX money.. Imo Carjockey2 01/19/18 04:59:59 PM
#83657   I guess you can never have to much money jb55 01/19/18 04:50:53 PM
#83656   I guess lol. Goodtimes79 01/19/18 04:46:50 PM