MMEX Resources Corp (MMEX)

[Supernova12]

It's a good thing: It doesn't change the facts of abundance and closeness of their huge oil reserves...learn something!!!
The proven oil reserves in Venezuela are recognized as the largest in the world, totaling 297 billion barrels (4.72×1010 m3) as of 1 January 2014.[1] In early 2011, then-president Hugo Chávez and the Venezuelan government announced that the nation's oil reserves had surpassed that of the previous long-term world leader, Saudi Arabia.[2] OPEC said that Saudi Arabia's reserves stood at 265 billion barrels (4.21×1010 m3) in 2009.[3]