It's revoked. Can never happen. All is lost.
Thanks for sharing wild man 1
Did they take care of you finally?
They was in on rice 15 today put in a culvert told a buddy of mine they was going to get the electric on and the new well owner was Brian Ambrose the person that sold the well to xun for a large sum of money originaly. I felt that all of you investors needed to know this. Thank You THE PROPERTY OWNER. XUN ENERGY you did a lot of people wrong and I WILL NEVER FORGET.
Im sure he has a plan. Lol
I believe that "company" has been registered in Florida for quite some time.
Let's see what hijacked shell Jerry purchases to fire up the fleecing chutes again.
The old flywheel technology is back. I had a good laugh reading those Bios of the “team”. Not much mention of the failed oil and gas venture, or the fleecing of shareholders.
Shouldn’t be too long before they take it public is my guess.
Nice find !
They probably have a new ticker up and running by now, with some other type of operation. I think I read somewhere that before Xnrg , the previous one was a mining scam.
whatever happen to that scum pos crook..
Sorry to hear that man. The least someone could have done with all the collective money scammed off folks would have been to reclaim your property.
NO.After they quit pumping the well I went back in and ditched the roads that we was going to do after all the work was done put in 1 culvert and pilled all of the shale that pushed out off the road into the center of XUN ENERGY road so if they ever decide to use the road again they have at least 1 more culvert to put in and some grade work to do to be able to drive to the well ....
These stories are interesting guys.
Wild Man I'm curious. Did you ever get a dime of payment from XNRG or Jerry or anyone to reclaim your property?
Lots of good memories from the old days
One of the best was we are oilfied we are here 24 hrs a day 7 days a week 365 days a year you can get us when you can not get dial a prayer
Right on. It takes a special kinda person to love working in the oilfield. You probably remember the old stickers that said. Oilfield trash and proud of it
I worked doubles in the late sixtes and seventies in ohio west virgina and neighboring states I have seen my share of rig accidents. Some that I hope nobody has to relive. And do not think they do not come without nightmares. And service work on wells can just dangerous.
His best friend John was up top they were pulling out all the pipe to change the drill bit. The base part of the rig support was rusted and broke in two. The rig fell over with him and all the pipe standing up in it.
Yes sir. Dad drug me around all over Western Pennsylvania growing up. He was a roughneck, a driller, a tool pusher. He didn't want to work anywhere else but the oilfield. He lost several friends in rig accidents.
Working on a drilling rig is a dangerous job.
Sorry to hear about the rig accident up your way.
Early Saturday morning, October 27, 2018, Middlebury fire crews, ambulance and Wellsboro Medics were all dispatched to a gas well pad for a worker who was reported to have suffered an head injury in an industrial accident at that location. It was also stated that the worker was unconscious when the emergency call was placed around 2:15AM.
The gas Well was located near Creek Road in Middlebury Township PA
Other gas well workers watched on in disbelief as their friend was lowered to the ground in a basket from the height of 65 feet above them. Their fellow worker was then transported around 2:45AM to Soldiers & Sailors Memorial Hospital in Wellsboro, Pa.
The hand was an out-of-state worker died at the scene of the work related accident.
The worker's family has been notified through proper channels of the worker's accidental death
It's revoked. No one can buy or sell.
I can't wait to see where this one goes. I could use a good laugh.
Xun Power Corporation is a private Corp which is not XNRG a revoked stock.
What does that have to do with this??? Its a different company with a different symbol,, our shares here have nothing to do with it,, did the owner leave us and open a new company?
Nothing is coming. The sun has set on XNRG. This highly promoted fraud is now revoked and dead.
Too bad the feds let CMR and their lackeys slide.
When is Jerry going to fire up the next fraud?
That isn’t likely to happen as long as they have a shot at making the playoff this year.
Isles GM is incompetent and needs to be fired and the new owners are a bunch a frauds. We should of won last night but that's my team. Same ole dance
ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On November 15, 2016 we submitted an Offer of Settlement (the “ Offer of Settlement ” ) to the Securities and Exchange Commission (the “ SEC ” ) pursuant to Rule 240(a) of the Rules of Practice of the SEC with respect to administrative proceedings initiated against us by the SEC on November 2, 2016 (File No. 3-17659) pursuant to Section 12(j) of the Securities Exchange Act of 1934, as amended (the “ Exchange Act ” ). In the Offer of Settlement, we consented to the entry of an order by the SEC (the “ Order ” ) finding that we had failed to comply with Exchange Act Section 13(a) and Rules 13a-1 and 13a-13 thereunder because we had failed to file any periodic reports with the SEC since the period ended August 31, 2014 and further consented that the registration of our common stock under Section 12 of the Exchange Act be revoked pursuant to Section 12(j) of the Exchange Act.
We plan to, subject to completion of adequate financing or cash flow, re-register our common stock under Section 12(g) of the Exchange Act after the May 31, 2017 fiscal year end audit is completed, expected timeframe being September 2017, barring any delays.
Plan of Operation for Remaining Fiscal Year
During the timeframe leading up to our fiscal year end of May 31, 2017, subject to adequate financing or cash flow, we plan to complete or initiate the following:
Close on a financing transaction that is currently in progress.
Re-instate the Company in the State of Nevada.
Close on two of four ULSD (Ultra Low Sulphur Diesel) physical commodity trades that are in progress with the potential to lead to a monthly demand of 60 Million gallons per month over a 12 month contract period.
Close on a contemplated acquisition of land and permits for a 102 Mega Watt (MW) power project, currently in progress.
Discharge our Convertible Debenture obligations through cash settlements.
Discharge our obligations relating to our trade payables including the November 17, 2014 Superior Court of Connecticut, Judicial District of Danbury Order approving the voluntary Stipulation for Settlement of Claims ($1,834,935 in debt obligations) through cash payments.
Change the domicile of the Company from Nevada to an as yet undetermined State.
Restructure the capital stock of the Company, including but not limited to a reverse stock split.
THERE ARE NO ASSURANCES THAT THERE WILL BE A SUCCESSFUL CLOSE ON THE FINANCING, ON THE ULSD PHYSICAL COMMODITY TRADES OR ON THE ACQUISITION OF THE 102 MW POWER PROJECT. THERE CAN BE NO ASSURANCE THAT THE SALE OF THE ULSD WILL BE PROFITABLE OR THAT THE COMPANY WILL BE ABLE TO GENERATE SUFFICIENT REVENUES TO OPERATE PROFITABLY FROM THE PURCHASE AND SALE OF ULSD.
THERE ARE NO ASSURANCES THAT SHOULD THE COMPANY CLOSE ON THE FINANCING THAT THE FINANCING WILL BE SUFFICIENT TO DISCHARGE ITS DEBT OBLIGATIONS OR BE SUFFICIENT TO GENERATE REVENUES FOR THE COMPANY.
THERE ARE NO ASSURANCES THAT SHOULD THE COMPANY CLOSE ON THE ACQUISITION OF THE LAND AND PERMITS FOR THE 102 MW POWER PROJECT THAT THE COMPANY WILL BE SUCCESSFUL IN RAISING THE FUNDS NECESSARY TO COMPLETE THE CAPITAL COST OF THE PROJECT AND THERE ARE NO ASSURANCES THAT SHOULD THE COMPANY BE SUCESSFUL IN RAISING THE NECESSARY FUNDS TO COMPLETE THE 102 MW POWER PROJECT, THAT THE 102 MW POWER PROJECT WILL BE ABLE TO GENERATE SUFFICIENT REVENUES TO OPERATE PROFITABLY.
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Date: November 16, 2016
XUN ENERGY, INC.
/s/ Jerry G. Mikolajczyk
By: Jerry G. MikolajczykTitle: President and CEO
IT HAS BEEN ALMOST 2 YEARS SINCE THIS PRESS RELEASE CAME OUT. AND THERE HAS BEEN NO DEALS OR SHARE HOLDER VALUE. BUYER BEWARE.
PORTLAND, OR--(Marketwired - December 24, 2014) - Xun Energy, Inc., (OTC PINK: XNRG) (the "Company") is pleased to announce that the Board of Directors approved the actuation of the physical commodity trades division, Xun Oil Marketing (XOM), on December 24, 2014. The Company has been researching and testing the concept over the last several months and believes it is in the best interests of the Company and its shareholders to engage the physical commodity trades market with its own proprietary and creative business model.
With the Board's approval Xun Oil Marketing begins its assignment to execute the objectives of its business model. The new division's business model is that of a Buyer and Seller of a wide range of petroleum products sourced internationally and sold to Exit Buyers. It is the task of this new division to undertake the purchase of refined petroleum products at the lowest possible price and sell at the highest; to establish long term contracts with international suppliers and creditable Buyers, primarily "Majors" (major airlines, Fedex, UPS, DHL, etc.); and to earn an exemplary reputation for industry standard delivery performance, service and flexibility. XOM will collaborate with qualified financiers to fund our refined product purchases, assemble joint ventures and partnerships with individuals and companies that can facilitate these transactions. Jerry G. Mikolajczyk, President and CEO of Xun Energy, will head the management team of XOM and says of the XOM launch, "Xun Energy has the management capabilities to guide the new division through the successful purchasing, marketing and logistics of refined petroleum products. Over several years, I have made connections and facilitated refined product sales by others. I feel it is time for the Company to capitalize on the work and expertise I've gained." He further states: "Our focus will be primarily on Aviation Jet Fuel (AJF) physical commodity trades as the demand for AJF is greater than the supply and each transaction involves large quantities. A small margin multiplied by large quantities can generate substantial cash flow for the Company in a relatively short timeframe between the time of purchase of the AJF and the sale of the AJF, a matter of hours, not days or months."
As part of its activation process, the Company will launch a dedicated website for XOM. The dedicated website, www.xunoil.com, outlines the business model and will provide performance data as physical commodity trades are completed by the Company.
"We are excited to announce our new division and the XOM web site! Here Buyers and Sellers of refined petroleum products, as well as financiers, can view information on the full range of Xun Oil Marketing objectives and its performance," says Mr. Mikolajczyk.
About Xun Energy, Inc.
Xun Energy, Inc. is an oil operating company in development stage. Its primary assets are located in Venango County, Pennsylvania, USA. Our projects are subject to completing its financing and the success of the drilling and completions program. Additional information may be found at http://www.xunenergy.com and http://www.xunoil.com
This Press Release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections, and contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, we claim the protection of the safe harbor for forward-looking statements provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Such forward-looking statements involve risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from the future results, performance or achievements expressed or implied by such forward-looking statements. In particular, there is no assurance that production or other factors pertaining to the oil operations will be sustained at the expected rates or levels over time. We caution you not to place undue reliance on our forward-looking statements, which speak only as of the date of this news release, and we undertake no obligation to update this informatio
XNRG SUSPENDED AND NOW ON GREY SHEETS