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They always wake up with time. IJJP here:
HARVARD LAW Monday, 02/24/14 09:14:24 AM
Re: None
Post # of 608741
IJJP .0003 is worth looking at folks. Check the DD:
IJJP (IJJ Corp) .0003 these trips are Trending and we saw huge volume come into the stock closed .0003 high of the day with over 163 million in volume , take a look at short DD:
1. IJJP website active www.ijjc.com on 2/21/2014
Go to IJJC.com IJJP official website. You will see Joomlashine.com copyrights on the bottom of the page.
On top of the web page you will see facebook, Twitter buttons. Click on them that will take you to Joomlashine pages.
I think R/M coming. Joomlashine huge company.
2. IJJP listed on Maryland Govt website
http://www.fedspending.org/fpds/fpds.php?database=fpds&reptype=r&detail=0&datype=t&sortby=f&vendor_cd=md04&;;
Please search (ctrl+F) IJJ and you will see IJJ corp there.
3. Institution holding of IJJP. They hold all big board stocks with the exception of IJJP.
http://www.nasdaq.com/quotes/institutional-portfolio/marshwinds-advisory-co-663182?page=7
Search for IJJ. you will see at the bottom of the list on this page.
Looks like it's coming back to life. http://www.smedialventures.com. Lots of bag holders like me.
Lots of dumping today. Things look like it's getting close. Stuffs like this usually take place before the rip.
IDOI should be a monster tomorrow. GLGT, WNBD.
Most of them can't wait. Good things take time to materialize. I know the CEO and his crew are not just sitting down watching the pps to go down. It will happen when it happens. Just a waiting game. The story hasn't changed.
SMVI reminds me of what my father used to tell me; there is a always a turn around of event in everything. SMVI can't continue to go down forever. I am waiting for a turn around. The question is, will you be around when that happens? I loaded .0003 today from impatient losers.
I expect SMVI and KNSC to have AVEW type of move soon.
Now that you diluted this stock to no bid, you will have to come out with another plan to keep the pps up a little bit so you can fucking sell the rest of your gazillion shares.
IDOI, SIPC and GLGT must be on your buy list.
ADHC should tripple in pps from here based on what's coming.
Big deal closing this month http://finance.yahoo.com/news/american-diversified-holdings-corporation-announces-130000174.html
$MDIN was alerted at .0008 based on what's coming ADHC will be next
ADHC looks cheap at this level. Big deal closing this month http://finance.yahoo.com/news/american-diversified-holdings-corporation-announces-130000174.html
ADHC looks cheap at this level. Big deal closing this month http://finance.yahoo.com/news/american-diversified-holdings-corporation-announces-130000174.html
ADHC looks cheap at this level. Big deal closing this month http://finance.yahoo.com/news/american-diversified-holdings-corporation-announces-130000174.html
TBEV did not disappoint from .0012 alert. Just like SIBE from .03, Cata from .0004. I will have another one tomorrow for long term hold
MNVN.News I told you I usually buy what's coming. If you don't start following me, you are making a big mistake. No pump and dump. Just buy, wait and profit. MNVN news. .01 soon. http://ih.advfn.com/p.php?pid=nmona&article=62428187
Check my records. I called REDG from .0008 to .104, UTRM from .0004, TTDZ from .0003, MELY, MDIN etc all from triple zero
MNVN.News I told you I usually buy what's coming. If you don't start following me, you are making a big mistake. No pump and dump. Just buy, wait and profit. MNVN news. .01 soon. http://ih.advfn.com/p.php?pid=nmona&article=62428187
Check my records. I called REDG from .0008 to .104, UTRM from .0004, TTDZ from .0003, MELY, MDIN etc all from triple zero
MNVN mega updates coming soon. Best time to load. LBGS also.
MNVN should see .01 very soon. Mega run on the way.
MNVN .0037. Hearing mega run on the way.
http://finance.yahoo.com/news/mondial-ventures-releases-oil-drilling-134411889.html
I thought you read their last PR and two filings that came in a couple of days ago. I believe they got what they needed to catapult MNVN to the next level. It's wise to buy what's coming. Might look like baggage to you but to me is gold. mark my word for it. http://ih.advfn.com/p.php?pid=nmona&article=62164788
Cool. I suspect something big in the works by MNVN. That's why I am buying and holding till the event unfolds. In accumulation mode right now. I usually buy what is coming. I am not into one day flip. REDG, MELY, MDIN, CATA are all examples.
Grab all you can. MNVN cheapies won't last long.
Check my DD on MNVN:
MNVN (Mondial Ventures)
Contact Info
Address: 6564 Smoke Tree Lane
Scottsdale, Arizona 85253
Phone: (866) 424-6472
Email: info@mondialoilventures.com
Website: www.mondialoilventures.com
Daily Range 0.0026-.0033
52wk Range 0.0013 - 0.60
Volume 708k
Average Vol (3m) 502k
MNVN Security Details
Share Structure
Market Value1 $34,325 a/o May 28, 2014
Shares Outstanding 13,201,872 a/o Apr 09, 2014
Float Not Available
Authorized Shares 1,490,000,000 a/o Mar 18, 2014
Par Value 0.001
Business Description
Mondial Ventures Inc. is a United States based Company, with Oil and Gas operations in the State of Texas. The Company trades on the OTCBB under the symbol, MNVN.
The mandate of the Company is to identify and acquire energy properties with previously discovered known Oil and Gas Reserves that have not been fully produced from or developed and defined. The Company's Objective is to Re-Discover those acquired properties and develop them to their fullest potential.
Our Current Business
We are an independent oil and gas company engaged in the exploration, development and exploitation of crude oil and natural gas properties primarily in the United States. We have focused our activities on projects based in i) the Permian Basin areas of Texas, and ii) surrounding States and regions in the U.S. for activities related to oil and gas production, and related business and other opportunities.
Our business and our ability to acquire mineral rights, targeted rehabilitation projects with upside potential, and participate in drilling activities are due primarily to the relationships we have developed over the years with our operating partners, and key industry advisors. We believe our competitive advantage lies in our ability to locate good potential oil and gas property acquisitions, resource plays, and other business opportunities and interests located primarily in Texas and surrounding States.
On July 31, 2012 the Company acquired the following properties:
J.B Tubb North 40
We have a 37.5% Working Interest and 28.125% corresponding Net Revenue Interest in the North 40 acres of the J.B. Tubb Leasehold Estate/Amoco Crawar field which includes the oil and gas interests, including all related assets, fixtures, equipment, three well heads, three well bores, and pro rata oil & gas revenue and reserves for all depths below the surface to 8500 ft. The field is located in the Permian Basin and the Crawar Field in Ward County, Texas (12 miles west of Monahans & 30 miles west of Odessa in West Texas).
There are three wells on the property in production, one economic and two stripper wells.
J.B Tubb South 40
We have a 37.5% Working Interest and 28.125% corresponding Net Revenue Interest in the Highland Production Company (Crawar) #2 well-bore; with depth of ownership from 3,700 ft. to 3,900 ft. and from 4,700 ft. to 4,900 ft. in the well-bore.
The Highland Production Company (Crawar) #2 well-bore, API No. 42-475-33611, is located on the J.B. Tubb Lease in W ½ of the NW ¼ of Sec. 18, Block B-20, Public School Lands, Ward County, Texas at 1787 FNL and 853 FWL being on the South Forty (40) acres of the J. B. Tubb Lease, Ward County, Texas.
Under the terms of the Participation agreement, we have at minimum the option to provide $1.6 million on a best efforts basis for Capital Expenditures (CAPEX) development fund for drilling an Ellenburger Well on the South 40 acreage to 8,300' foot depth on a turnkey basis with Success Oil as the Operator and Co-Owner, through completion of the well to the tanks. Mondial will receive 37.5 Working Interests and a corresponding 28.125% Net Revenue Interests.
We also have an option to participate on follow drilling of wells on this property under terms outlined in the Company's 8K filings with SEC.
Management is currently in negotiations to acquire additional Oil and Gas assets which will be announced once agreements have been finalized.
The acquired leases and the property to which they relate are identified below:
North 40 acres: J.B. TUBB "18-1", being the W1/2 of the NW1/4 of Section 18, Block B-20, Public School Lands, Ward County, Texas, containing Forty (North 40) acres only.
Well-bore located on South 40 acres: The Highland Production Company (Crawar) #2 well-bore, API No. 42-475-33611, located on the J.B. Tubb Lease in W ½ of the NW ¼ of Sec. 18, Block B-20, Public School Lands, Ward County, Texas at 1787 FNL and 853 FWL being on the South Forty (40) acres of the J. B. Tubb Lease, Ward County, Texas.
The following wells are located on the leases identified, above:
Well No. API No.
Tubb Well #18-1 API 42-475-34136-0000
Crawar Well No.#1 API 42-475-33523
Crawar Well No.#2 API 42-475-33611
RESERVES* Net Oil Net Gas
Bbls MCF
Reserves are classified as:
(PDP) Proved Developed Producing 4,246 7,598
(PDNP) Non Producing 2,814 8,999
(PUD) Undeveloped 108,482 726,898
Total 115,542 743,495
* As per independent Engineering report per revised SEC guidelines effective for the period ended December 31, 2013.
JB Tubb South 40 Work Program and Initial Development Proposed on the JB Tubb Leasehold Estate
The property located in the South 40 acre portion of the JB Tubb Leasehold Estate, Crawar Field consists of multi pay horizon prospects. The Company plans initially are on the South 40 of the JB Tubb Leasehold Estate. There are plans to perform one or more matrix acidizing low pressure stimulation and minimally one work program for performing a high pressure fracing procedure to open up and penetrate further the Devonian rock on Crawar #2 well located in the existing 3,900 foot depth Glorieta formation, respectively. There are additionally three excellent drilling target locations available with virgin (PUD) proved undeveloped reserves all in the South 40. BOI has entered into a Participation Agreement with the option to drill certain or a series of the available Prospect Wells / PUD locations on the South 40.
Target Formation Depth Proved Reserve Available
Ellenburger 8,300' Oil - Gas
Waddell 7,800' Oil - Gas
Wolfcamp 6,300' Oil - Gas
BOI's option activated via its Participation Agreement for the Ellenburger prospect well would hold essentially a resultant Working Interest of 50.0% and a net revenue interest of 37.5% after development back funds are fully first collected by the Company post completion at the rate / amount of 75% Working Interests with corresponding 56.25% Net Revenue Interest. For the Waddell and Wolfcamp prospects the interest participation via its participation-option agreement wherein after the Ellenburger, if the partners have elected to participate, the Company will receive a 50% Working Interest and corresponding 37.5% Net Revenue Interest share flat.
INITIAL DRILLING PLANS: JB Tubb South 40 of the JB Tubb Leasehold Estate
BOI's proposed plans first are to develop the South 40 portion of the oil and gas interests acquired beginning with an Ellenburger location at the target depth of 8,300', which may be followed by potential Waddell and Wolfcamp horizons and prior to additional available development on the North 40 property portion as a Geological and strategic preference. BOI along with its industry partners anticipates drilling a series of wells on the J.B. Tubb Leasehold Estate/Amoco Crawar Field, South 40. Plans are to activate certain rights and option programs initially starting with the Ellenburger formation at 8300'. The proposed Capital Expenditure of $1.6 million dollars for the drilling of the proposed Ellenburger well. Public Records reveal an average production rate of 240+ barrels of oil per day (gross revenue interests) for certain Ellenburger wells on properties adjacent to the South 40 acreage that are currently owned by Chevron, BP and McCulloch Oil Corp. of California.
Jeru Morgan - Operator & Partner (J.B. Tubb Leasehold Estate)
Mr. Morgan has owned and operated an Oil & Gas operating company Success Oil Co., Inc. since 1990. Success Oil Co. was formed in 1990, and is headed by Jeru L. Morgan. Success Oil Co. is an Oil & Gas Operating Company registered with the Rail Road Commission in the State of Texas. The Company has operated 121 wells in Luling, TX, located in Caldwell County. In addition, Success Oil Co. is also a drilling contractor on a turnkey basis.
Success Oil Co. is an innovative organization that acquires leases that have "Proven Undeveloped Reserves" in the State of Texas. By using proven track records in various leases, they are able to acquire new leases & reserves, while minimizing the stakeholders' risks.
Mr. Morgan is intimately familiar with the geology and drilling idiosyncrasies of BOI's target area and has numerous working relationships with area drillers, pumpers, geologists, etc. As a partner Success Oil will be invaluable in terms of special projects, strategic relationships including availability of critical equipment and reliable labor.
Photos
Mondial Ventures Releases Update on Oil Drilling Program for Subsidiary Boomerang Oil
Mondial Ventures Releases Update on Oil Drilling Program for Subsidiary Boomerang Oil
Pivot Price .0047
Potential Target .04-.10 LONG
Breakout close above .0094
20 Day moving average .0048
50 Day Moving average .0208
Key Points
-Divergence signaled on drop master support
-Uptrend channel confirmed
-Low share structure
-In Sympathy to higher energy costs
-China and Russia sign off on Biggest Energy Deal of the decade
-Watch key pivot .0094 to break previous high
-Breakout above .0094 close higher
-Oil and Gas stock poised for break and recent news May 12,2014
Latest News: Mondial Ventures Releases Update on Its Oil Drilling Program for Majority Owned Subsidiary Boomerang Oil, Inc.
SCOTTSDALE, AZ--(Marketwired - May 12, 2014) - Mondial Ventures Inc. (OTCQB: MNVN) (the "Company") is pleased to release the latest update for its majority owned subsidiary Boomerang Oil, Inc. currently trading on the Canadian Securities Exchange (CSE: BOI).
As previously reported, Boomerang Oil, Inc. (referred as "Boomerang") is an emerging oil and gas exploration, production, and Development Company with concentration in the Permian Basin West Texas. They have recently announced their future drilling plans, which include the first proposed well locations of at least three new locations on the J.B. Tubb Leasehold Estate located in Ward County, Texas.
Boomerang confirms its intention to undertake both a well stimulation program in order to maximize production from its economic well and to drill its first deep well located in the Crawar Field in Ward County. These programs are currently being updated and are expected to commence early this summer. Other current exploration and development plans include a small focused frac to be performed on the Glorieta formation to increase flow from the hard rock formation in order to increase reservoir fluid for production. For future development, Boomerang is first targeting the Ellenburger formation on the Company's J.B. Tubb Leasehold Estate at approximately an 8,300' foot depth with capital expenditures ("CAPEX") requirements now set at approximately USD$1.6 million.
Additionally, Boomerang plans to drill up to three more wells on the South 40 location pursuant to the option contained in the Participation Agreement with Success Oil Co. ("Success Oil"). Boomerang's first objective in respect to the South 40 is to drill the Ellenburger well. According to the Company's consultant geologists, the Ellenburger formation sets along a fault plane increasing viability noted below 6,200' ft. and viable at approximately 8,300' -8,400' ft. The second and third target well locations are located in the Waddel formation at the 7,700'-7,900' ft. depth, and the Wolfcamp formation at approximately 6,200' ft. depth, respectively.
Jeru Morgan, President of Success Oil, the Company's operator and partner, stated, "Both prospect wells are supported by solid well control and are targeting a minimum of 40,000 to 50,000 barrels of oil equivalent (BOE) recoverable per well, net to our interest. Each well could have at least 3-5 potentially productive zones, substantially increasing the likelihood of achieving a commercially producing well."
Dennis Alexander, CEO of Mondial Ventures, stated, "We believe our business plan is mobilized and we are focusing exclusively on financing our fracing, drilling, and development plans. Our goal is to build a dynamicportfolio of oil and natural gas programs that range from seismic-supported exploration projects, drilling locations with proved reserves and fully producing properties. North America continues to show well stimulation dominance and the United States is currently the world's largest well stimulation market, accounting for about 80 percent of the global total. Meanwhile, more wells are drilled in the US than any other nation, and the US oil and gas industry has been quicker to embrace horizontal drilling and hydraulic fracturing technologies than anywhere else in the world. We look forward to the opportunities through our majority owned subsidiary Boomerang Oil, Inc., in order to realize our full potential ahead."
You can just post something without a link. Show me your link.
Boomerang Oil is one of the latest new listings on the Canadian Securities Exchange, formerly known as the Canadian National Stock Exchange, and is trading under the symbol “BOI”. Boomerang is a subsidiary of Mondail Ventures, symbol MNVN on the OTCQB, which owns 66% of Boomerang. - See more at: http://www.investmentpitch.com/video/0_7xjmk1uk/Boomerang-Oil-CSE-BOI-New-Listing#sthash.MM7tQdj5.dpuf
http://www.investmentpitch.com/video/0_7xjmk1uk/Boomerang-Oil-CSE-BOI-New-Listing
MNVN: BOI ties to MNVN. MNVN owes 2/3 of BOI new symbol on canadian exchange. check it out.
http://www.investmentpitch.com/video/0_7xjmk1uk/Boomerang-Oil-CSE-BOI-New-Listing
MNVN: BOI ties to MNVN. MNVN owes 2/3 of BOI new symbol on canadian exchange. check it out.
http://www.investmentpitch.com/video/0_7xjmk1uk/Boomerang-Oil-CSE-BOI-New-Listing
BOI ties to MNVN. MNVN owes 2/3 of BOI new symbol on canadian exchange. check it out.
http://www.investmentpitch.com/video/0_7xjmk1uk/Boomerang-Oil-CSE-BOI-New-Listing
MNVN (Mondial Ventures)
Contact Info
Address: 6564 Smoke Tree Lane
Scottsdale, Arizona 85253
Phone: (866) 424-6472
Email: info@mondialoilventures.com
Website: www.mondialoilventures.com
Daily Range 0.0026-.0033
52wk Range 0.0013 - 0.60
Volume 708k
Average Vol (3m) 502k
MNVN Security Details
Share Structure
Market Value1 $34,325 a/o May 28, 2014
Shares Outstanding 13,201,872 a/o Apr 09, 2014
Float Not Available
Authorized Shares 1,490,000,000 a/o Mar 18, 2014
Par Value 0.001
Business Description
Mondial Ventures Inc. is a United States based Company, with Oil and Gas operations in the State of Texas. The Company trades on the OTCBB under the symbol, MNVN.
The mandate of the Company is to identify and acquire energy properties with previously discovered known Oil and Gas Reserves that have not been fully produced from or developed and defined. The Company's Objective is to Re-Discover those acquired properties and develop them to their fullest potential.
Our Current Business
We are an independent oil and gas company engaged in the exploration, development and exploitation of crude oil and natural gas properties primarily in the United States. We have focused our activities on projects based in i) the Permian Basin areas of Texas, and ii) surrounding States and regions in the U.S. for activities related to oil and gas production, and related business and other opportunities.
Our business and our ability to acquire mineral rights, targeted rehabilitation projects with upside potential, and participate in drilling activities are due primarily to the relationships we have developed over the years with our operating partners, and key industry advisors. We believe our competitive advantage lies in our ability to locate good potential oil and gas property acquisitions, resource plays, and other business opportunities and interests located primarily in Texas and surrounding States.
On July 31, 2012 the Company acquired the following properties:
J.B Tubb North 40
We have a 37.5% Working Interest and 28.125% corresponding Net Revenue Interest in the North 40 acres of the J.B. Tubb Leasehold Estate/Amoco Crawar field which includes the oil and gas interests, including all related assets, fixtures, equipment, three well heads, three well bores, and pro rata oil & gas revenue and reserves for all depths below the surface to 8500 ft. The field is located in the Permian Basin and the Crawar Field in Ward County, Texas (12 miles west of Monahans & 30 miles west of Odessa in West Texas).
There are three wells on the property in production, one economic and two stripper wells.
J.B Tubb South 40
We have a 37.5% Working Interest and 28.125% corresponding Net Revenue Interest in the Highland Production Company (Crawar) #2 well-bore; with depth of ownership from 3,700 ft. to 3,900 ft. and from 4,700 ft. to 4,900 ft. in the well-bore.
The Highland Production Company (Crawar) #2 well-bore, API No. 42-475-33611, is located on the J.B. Tubb Lease in W ½ of the NW ¼ of Sec. 18, Block B-20, Public School Lands, Ward County, Texas at 1787 FNL and 853 FWL being on the South Forty (40) acres of the J. B. Tubb Lease, Ward County, Texas.
Under the terms of the Participation agreement, we have at minimum the option to provide $1.6 million on a best efforts basis for Capital Expenditures (CAPEX) development fund for drilling an Ellenburger Well on the South 40 acreage to 8,300' foot depth on a turnkey basis with Success Oil as the Operator and Co-Owner, through completion of the well to the tanks. Mondial will receive 37.5 Working Interests and a corresponding 28.125% Net Revenue Interests.
We also have an option to participate on follow drilling of wells on this property under terms outlined in the Company's 8K filings with SEC.
Management is currently in negotiations to acquire additional Oil and Gas assets which will be announced once agreements have been finalized.
The acquired leases and the property to which they relate are identified below:
North 40 acres: J.B. TUBB "18-1", being the W1/2 of the NW1/4 of Section 18, Block B-20, Public School Lands, Ward County, Texas, containing Forty (North 40) acres only.
Well-bore located on South 40 acres: The Highland Production Company (Crawar) #2 well-bore, API No. 42-475-33611, located on the J.B. Tubb Lease in W ½ of the NW ¼ of Sec. 18, Block B-20, Public School Lands, Ward County, Texas at 1787 FNL and 853 FWL being on the South Forty (40) acres of the J. B. Tubb Lease, Ward County, Texas.
The following wells are located on the leases identified, above:
Well No. API No.
Tubb Well #18-1 API 42-475-34136-0000
Crawar Well No.#1 API 42-475-33523
Crawar Well No.#2 API 42-475-33611
RESERVES* Net Oil Net Gas
Bbls MCF
Reserves are classified as:
(PDP) Proved Developed Producing 4,246 7,598
(PDNP) Non Producing 2,814 8,999
(PUD) Undeveloped 108,482 726,898
Total 115,542 743,495
* As per independent Engineering report per revised SEC guidelines effective for the period ended December 31, 2013.
JB Tubb South 40 Work Program and Initial Development Proposed on the JB Tubb Leasehold Estate
The property located in the South 40 acre portion of the JB Tubb Leasehold Estate, Crawar Field consists of multi pay horizon prospects. The Company plans initially are on the South 40 of the JB Tubb Leasehold Estate. There are plans to perform one or more matrix acidizing low pressure stimulation and minimally one work program for performing a high pressure fracing procedure to open up and penetrate further the Devonian rock on Crawar #2 well located in the existing 3,900 foot depth Glorieta formation, respectively. There are additionally three excellent drilling target locations available with virgin (PUD) proved undeveloped reserves all in the South 40. BOI has entered into a Participation Agreement with the option to drill certain or a series of the available Prospect Wells / PUD locations on the South 40.
Target Formation Depth Proved Reserve Available
Ellenburger 8,300' Oil - Gas
Waddell 7,800' Oil - Gas
Wolfcamp 6,300' Oil - Gas
BOI's option activated via its Participation Agreement for the Ellenburger prospect well would hold essentially a resultant Working Interest of 50.0% and a net revenue interest of 37.5% after development back funds are fully first collected by the Company post completion at the rate / amount of 75% Working Interests with corresponding 56.25% Net Revenue Interest. For the Waddell and Wolfcamp prospects the interest participation via its participation-option agreement wherein after the Ellenburger, if the partners have elected to participate, the Company will receive a 50% Working Interest and corresponding 37.5% Net Revenue Interest share flat.
INITIAL DRILLING PLANS: JB Tubb South 40 of the JB Tubb Leasehold Estate
BOI's proposed plans first are to develop the South 40 portion of the oil and gas interests acquired beginning with an Ellenburger location at the target depth of 8,300', which may be followed by potential Waddell and Wolfcamp horizons and prior to additional available development on the North 40 property portion as a Geological and strategic preference. BOI along with its industry partners anticipates drilling a series of wells on the J.B. Tubb Leasehold Estate/Amoco Crawar Field, South 40. Plans are to activate certain rights and option programs initially starting with the Ellenburger formation at 8300'. The proposed Capital Expenditure of $1.6 million dollars for the drilling of the proposed Ellenburger well. Public Records reveal an average production rate of 240+ barrels of oil per day (gross revenue interests) for certain Ellenburger wells on properties adjacent to the South 40 acreage that are currently owned by Chevron, BP and McCulloch Oil Corp. of California.
Jeru Morgan - Operator & Partner (J.B. Tubb Leasehold Estate)
Mr. Morgan has owned and operated an Oil & Gas operating company Success Oil Co., Inc. since 1990. Success Oil Co. was formed in 1990, and is headed by Jeru L. Morgan. Success Oil Co. is an Oil & Gas Operating Company registered with the Rail Road Commission in the State of Texas. The Company has operated 121 wells in Luling, TX, located in Caldwell County. In addition, Success Oil Co. is also a drilling contractor on a turnkey basis.
Success Oil Co. is an innovative organization that acquires leases that have "Proven Undeveloped Reserves" in the State of Texas. By using proven track records in various leases, they are able to acquire new leases & reserves, while minimizing the stakeholders' risks.
Mr. Morgan is intimately familiar with the geology and drilling idiosyncrasies of BOI's target area and has numerous working relationships with area drillers, pumpers, geologists, etc. As a partner Success Oil will be invaluable in terms of special projects, strategic relationships including availability of critical equipment and reliable labor.
Photos
Mondial Ventures Releases Update on Oil Drilling Program for Subsidiary Boomerang Oil
Mondial Ventures Releases Update on Oil Drilling Program for Subsidiary Boomerang Oil
[img]
https://origin.ih.constantcontact.com/fs114/1109824301873/img/696.png
[/img]
Pivot Price .0047
Potential Target .04-.10 LONG
Breakout close above .0094
20 Day moving average .0048
50 Day Moving average .0208
Key Points
-Divergence signaled on drop master support
-Uptrend channel confirmed
-Low share structure
-In Sympathy to higher energy costs
-China and Russia sign off on Biggest Energy Deal of the decade
-Watch key pivot .0094 to break previous high
-Breakout above .0094 close higher
-Oil and Gas stock poised for break and recent news May 12,2014
Latest News: Mondial Ventures Releases Update on Its Oil Drilling Program for Majority Owned Subsidiary Boomerang Oil, Inc.
SCOTTSDALE, AZ--(Marketwired - May 12, 2014) - Mondial Ventures Inc. (OTCQB: MNVN) (the "Company") is pleased to release the latest update for its majority owned subsidiary Boomerang Oil, Inc. currently trading on the Canadian Securities Exchange (CSE: BOI).
As previously reported, Boomerang Oil, Inc. (referred as "Boomerang") is an emerging oil and gas exploration, production, and Development Company with concentration in the Permian Basin West Texas. They have recently announced their future drilling plans, which include the first proposed well locations of at least three new locations on the J.B. Tubb Leasehold Estate located in Ward County, Texas.
Boomerang confirms its intention to undertake both a well stimulation program in order to maximize production from its economic well and to drill its first deep well located in the Crawar Field in Ward County. These programs are currently being updated and are expected to commence early this summer. Other current exploration and development plans include a small focused frac to be performed on the Glorieta formation to increase flow from the hard rock formation in order to increase reservoir fluid for production. For future development, Boomerang is first targeting the Ellenburger formation on the Company's J.B. Tubb Leasehold Estate at approximately an 8,300' foot depth with capital expenditures ("CAPEX") requirements now set at approximately USD$1.6 million.
Additionally, Boomerang plans to drill up to three more wells on the South 40 location pursuant to the option contained in the Participation Agreement with Success Oil Co. ("Success Oil"). Boomerang's first objective in respect to the South 40 is to drill the Ellenburger well. According to the Company's consultant geologists, the Ellenburger formation sets along a fault plane increasing viability noted below 6,200' ft. and viable at approximately 8,300' -8,400' ft. The second and third target well locations are located in the Waddel formation at the 7,700'-7,900' ft. depth, and the Wolfcamp formation at approximately 6,200' ft. depth, respectively.
Jeru Morgan, President of Success Oil, the Company's operator and partner, stated, "Both prospect wells are supported by solid well control and are targeting a minimum of 40,000 to 50,000 barrels of oil equivalent (BOE) recoverable per well, net to our interest. Each well could have at least 3-5 potentially productive zones, substantially increasing the likelihood of achieving a commercially producing well."
Dennis Alexander, CEO of Mondial Ventures, stated, "We believe our business plan is mobilized and we are focusing exclusively on financing our fracing, drilling, and development plans. Our goal is to build a dynamicportfolio of oil and natural gas programs that range from seismic-supported exploration projects, drilling locations with proved reserves and fully producing properties. North America continues to show well stimulation dominance and the United States is currently the world's largest well stimulation market, accounting for about 80 percent of the global total. Meanwhile, more wells are drilled in the US than any other nation, and the US oil and gas industry has been quicker to embrace horizontal drilling and hydraulic fracturing technologies than anywhere else in the world. We look forward to the opportunities through our majority owned subsidiary Boomerang Oil, Inc., in order to realize our full potential ahead."
Enjoy the video on MNVN.
MNVN video.
The same people who sold CATA at .0008 for 100% missed big on 1000% run. Sell and go and see MNVN at .10 soon.
MNVN is going to .10 soon. Did you remember when I was screaming buy! buy! on CATA at .0004-.0005? It ran to .005 for over 1000%. I saw the value before anybody else. The same with REDG, MELY, MYEC and NYBD. You will thank me later. MNVN is a post split stock with lots of updates on the way. OTC current, financials up-to-date. Do your DD.
I am locking all the float on MNVN by the end of the week. .10 target
MNVN low floater.
MNVN is up 19%. This is not a one day play. The float is about 5 mil. Otc current with more updates on the way. I called CATA from .0005. Those who waited it out, cashed out at .005 for 1000% profits. My goal is to discover a hidden gem for those who follow.
MNVN is a hidden gold. low floater. Float is gone and can squeeze easily to .05 shortly. DD on the way.
MNVN S/S Shares Outstanding 13,201,872 a/o Apr 09, 2014
Float 5,000,000 or less!
Authorized Shares 1,490,000,000 a/o Mar 18, 2014
Par Value 0.001
MNVN S/S
Shares Outstanding 13,201,872 a/o Apr 09, 2014
Float 5,000,000 or less!
Authorized Shares 1,490,000,000 a/o Mar 18, 2014
Par Value 0.001
MNVN should see .05 from here very soon.
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