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Umm, XNRG has been REVOKED.
It will never trade again.
Hoping this will still come to fruition ...I believe Jerry is working on it!
From 8K Nov.2016
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11694637
ITEM 8.01
OTHER EVENTS
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.
Hahahahahahahahahahahahahahah
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.
I guess they must have been delayed from reaching their goals for SEPTEMBER
2017.
That's a damn shame. XNRG left victims everywhere.
No I took my backhoe up and cut ditches and pilled all their shale up on their road and they can not even drive to the well until they put a culvert in and regrade the road. We was supposed to do all of that when they drilled the other 4 wells I was not going to let my property become a wet lands because of standing water.
Indeed. Sorry about your land. Has anyone capped the Rice 15 well?
It turned out to be ripple wine, saltine crackers and cold showers.
Lol, guess this haystack didn’t have a needle, and the boat that got backed up and loaded, must have sank from the weight of the worthless shares, and the train didn’t leave the station, it got hijacked on the way there.
Yep. That's where I got it from. I loved that show back in the day
LOL I didn't get the memo for all that.
Champagne, caviar and bubble baths for everyone.
Oh wait......
Lol, check this out.
Pete repete and his other brother daryll
Don’t forget Pete and his other partners
We'll never know where the money went. I figure jerry was getting to that age he just socked it away for retirement and left the building.
Yea I do not where the money went but I know for a fact there is several bills that was never paid and now there is several NOV that has been written from the DEP including failure to plug which when you get them boys on you its usually not a good thing and no telling if anyone from XNRG can even be found.
Old jerry is the only one who got rich here. What a shame to. He had really good investors here to
Yea I saw that I kinda feel sorry for NECP they kinda got stuck holding the bag after they financed some of the job I guess they believed to many people and did not do enough DD. XNRG had a real line of bull.
That is the permit number for the RICE 15 well.
Got a Skytruth email notification today
http://alerts.skytruth.org/report/e13fbc8e-92f2-3778-8817-988f23976e09#c=stae
Report Details
Operator
Northeastern Consolidated Energy Partners Inc
Violation Type
Administrative
Violation Date
2017-09-14
Violation Code
OGA 3211(H) - Failure to install, in a permanent manner, the permit number on a completed well.
Violation ID
796842
Permit API
121-45155
Unconventional
No
County
Venango
Municipality
Cranberry Twp
Inspection Type
Routine/Partial Inspection
Inspection Date
2017-09-14
Comments
None None
Violation(s)
ID: 796842 Date: 2017-09-14 Type: Administrative
OGA 3211(H) - Failure to install, in a permanent manner, the permit number on a completed well. None
ID: 796841 Date: 2017-09-14 00:00:00 Type: Environmental Health & Safety
OGA 3216(C) - Failure to fill all pits used to contain produced fluids or industrial wastes and remove unnecessary drilling supplies/equipment not needed for production within 9 months from completion of drilling of well. None
ID: 796838 Date: 2017-09-14 00:00:00 Type: Administrative
OGA 3222(B3) - WELL REPORTING – COMPLETION REPORT – Operator failed to submit a completion report within 30 days after completion of the well. 3222(a)
ID: 796839 Date: 2017-09-14 00:00:00 Type: Administrative
78.121(A) - WELL REPORTING – PRODUCTION REPORTING – Conventional operator failed to submit annual conventional production and status report for permitted or registered well. None
ID: 796840 Date: 2017-09-14 00:00:00 Type: Administrative
78.88(a) - OPERATING WELLS - MECHANICAL INTEGRITY OF OPERATING WELLS - Operator failed to inspect each operating well quarterly for compliance with the well construction and operating requirements. None
Enforcement Action(s)
ID
Code
357519 NOV - Notice of Violation
Those Wells aren't the gushing oil typhoon Wells. You need to link a couple of Wells together with a set of storage tanks to get volume. They are just like seep Wells so to speak. They produce low volume per well. But with a couple Wells linked together you can get a nice steady royalty check
A very good question. Why did the land produce very little oil.
I think the discussion revolves around the next scam Jerry is brewing up, because XNRG is dead and buried.
Morning wild man 1. That's a very good question to ask. And why didn't he pay his bills with it.
daddyvlo, you will wait because it will never happen no matter what you may be told.
Good luck.
For one time I agree with you I would love to see XNRG prove everybody wrong but the have to start out by paying ff the bills the owe. Where did all the money go they raised?
I CAN'T WAIT TIL JERRY PROVES EVERYONE WRONG. GOOOOO JERRY.
Jerry produced enough oil to make a very weak Vinaigrette.
jerry abandoned the well project and the land owner had to fight with them to get them to finish the well. jerry didn't know about the local laws in PA. If he starts a well and doesn't finish it he's liable to pay the land owner for cleaning up every single rock in the lease road so that it was just like it was before they started the project. That would of cost jerry more than finishing the well. And that's the only reason he finished the well instead of just stopping in the idle like he was going to do.
So in other words you didn't ask him for an explanation...
I really don't care what jerry thought about them. The land owner wildman1 invited me to stop by whenever I feel like it. Hes a really good old boy from up my way. I'm from Northeastern Ohio and drove tanker for the oilfield all over western Pa. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=106633168
...and what does Jerry say about these pictures.......
Heres my post from 2014 when I drove by the property and took pictures of the weed field like I stated earlier. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=106629366
No. Thanks for your post.
Yea still waiting for that. Lolololololol
Your free to believe ... Whatever...
He is working on his next con game. That's all he knows how to do.
He should consider himself lucky to not be spending his retirement in the BOP system.
I haven't made a cent yet...but I haven't given up. Jerry does not try to duck me...he says he's working on something...I know not what...but I believe in him...so we will see.
You haven't answered my questions.
Ok. Glad you love this stock. How's it working out for you. Have you spoken with jerry lately. How's he doing. I've taken pictures of the weeds all grown up in the field over there when I stopped by to check out the well. Did you see them when I put them on the board.
Do a little research on Jerry. Then you'll know a little more about how he works.
I do not think so....its legit!
Yes. We are waiting to see what fraud he tries next.
Good morning Jerry and good morning XUN
Why are you replying to a post from Jan. 2014? You realize this ticker is revoked?
No This Man is a professional ConArtist Liar,Thief and much more
NO THIS MAN MAX ALTMANN IF A THIEF
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ITEM 1.01
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.
ITEM 8.01
OTHER EVENTS
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. |
SIGNATURE
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. Mikolajczyk
Title: President and CEOIT 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
http://www.otcmarkets.com/stock/XNRG/quote
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