Mike Fagan,
Editor
Jan. 30, 2025
Monumental Energy Corp. (TSX-V: MNRG)(OTC: MNMRF) — currently trading around C$0.15 per share — is awaiting initial flow rates on the Copper Moki 1 & 2 oil and gas workover wells, New Zealand, in which MNRG holds a call option and royalty agreement with strategic partner and operator New Zealand Energy Corporation (TSX-V: NZ).
Monumental Energy holds a 1.3 million share position (~8.% interest) in New Zealand Energy Corporation, which currently trades at ~C$0.80 per share.
Upon commencement of production at the two wells, which are located in a permitted block in New Zealand’s Taranaki Basin, Monumental will first recoup 75% of the net revenues from oil and gas sales followed by transitioning to a 25% royalty model.

Monumental Energy founder and VP Corporate Development Max Sali — whom you’re about to hear from directly in our exclusive interview coming right up — commented on the strategic investment via press release:
“This strategic investment in the Copper Moki wells underscores our commitment to exploring new opportunities that build shareholder value. We are encouraged by the progress of the workover process and optimistic about the potential yield from these sites.”
Additionally, the two companies are simultaneously evaluating potential sites for new wells either on currently permitted pads or near New Zealand Energy’s 50%-owned Waihapa production facility (see above image) located in the Taranaki Basin on New Zealand’s North Island.
Monumental Energy, which currently sits at a sub-C$10M market cap, also holds an option to acquire a 75% interest and title to the Laguna Blanca cesium-lithium brine project, Chile.

The 12,425-hectare project is situated within the prolific Lithium Triangle, a zone within the central Andes high desert that includes Chile, Argentina, and Bolivia. The cesium component is critical to oil/gas drilling; at present, nearly the entire global cesium supply is derived from a single Chinese-owned mine in Canada.
Now, as promised, our own Gerardo Del Real of Junior Resource Monthly caught up with Monumental Energy founder and VP Corporate Development Max Sali for an in-depth conversation on the progress being made at the Copper Moki 1 & 2 wells, as well as the numerous economic advantages of being a Canadian company with oil and gas interests in New Zealand. Please enjoy!
For more on Monumental Energy, be sure to contact the company’s IR department at 604-367-8117 or via email at info@monumental.energy.
Visit the Monumental Energy corporate website and sign up to receive updates directly from the company here.
Yours in profits,
Mike Fagan
Editor, Resource Stock Digest
Click here to see more from Monumental Energy
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