Monumental Stock Price, News & Analysis

Monumental Energy (OTCQB: MNMRF) retained Yanne Capital LLC as strategic advisor and potential financing partner for prospective "blue-sky" oil and gas opportunities in New Zealand and Australia expected in H1 2026. The company said it is reviewing multiple opportunities that remain subject to further due diligence, definitive agreements and financing. The release is intended for distribution in Canada only and not for U.S. dissemination.

Monumental Energy (OTCQB: MNMRF) announced on October 15, 2025 participation in four production-focused workovers in the Waihapa/Ngaere field, Taranaki Basin, New Zealand.

Monumental will fund NZEC’s 50% share of workover costs while L&M Energy funds its share; Monumental will earn a 25% royalty on NZEC’s production share after full recovery of its capital, which will be repaid from 75% of NZEC’s net revenue interest. Targets include re-entry of Waihapa-H1 and re-perforation/testing of Ngaere 1–3, connected to existing facilities for immediate sales.

Historic metrics cited: Waihapa-H1 initial flows ~4,500 bpd, field production >5 million barrels/year, cumulative ~24 million barrels; expected per-well flows if successful: tens to low hundreds bpd.

Monumental Energy (OTCQB: MNMRF) provided an operational update on its Copper Moki oil and gas wells and its investment in New Zealand Energy Corp (NZEC). The Copper Moki-1 and Copper Moki-2 wells are currently producing a combined 125 barrels of oil per day, with production trending upward. Under the agreement with NZEC, Monumental receives a 75% royalty on production until capital recovery, thereafter reducing to 25%.

NZEC reported progress on its Tariki Gas Storage Project, completed a C$2.72 million private placement, and eliminated C$2 million in debt. The Waihapa-Ngaere field, where NZEC holds a 50% JV interest, has resumed production with the Ngaere-1 well achieving flush rates exceeding 400 bbls of oil per day. Current field production averages approximately 180 bbls per day due to temporary infrastructure constraints.

Monumental Energy (OTCQB: MNMRF) has successfully restarted commercial production at its Copper Moki-1 and Copper Moki-2 wells in New Zealand's Taranaki Basin. CM-1 is currently producing 100 barrels of oil per day (bopd) while CM-2 is yielding 75 bopd, with both rates increasing daily.

The Company has implemented new pump systems designed for long-term performance, with potential combined flush production exceeding 300 bopd. Additional revenue streams include high-margin gas monetization, benefiting from New Zealand's premium gas prices of US$15-20 per MMBtu, and a 25% royalty on all oil and gas sales after initial capital recovery.

Monumental Energy (OTCQB: MNMRF) reported progress on the workover of its Copper Moki-1 (CM-1) oil and gas well in New Zealand's Taranaki Basin. The company has completed the recovery of pump rod and old tubing strings, with cleaning and new equipment installation currently underway.

The well's design rate is set at 150 bopd, with potential flush production from both CM-1 and CM-2 wells possibly exceeding 300 bopd. The company holds a 25% royalty agreement on all production, which increases to 75% until initial capital recovery.

Notably, the field has been integrated into the gas infrastructure, creating new revenue opportunities that were previously unavailable due to New Zealand's historical gas surplus.

Monumental Energy Corp. (MNMRF) has successfully completed the workover and resumed commercial production at the Copper Moki-2 (CM-2) well in New Zealand's Taranaki Basin. The workover involved restoring oil and gas production from Mt. Messenger sands, addressing flow restrictions, and perforating three new intervals. The company has also integrated the field into the gas infrastructure, creating new revenue opportunities. Under an agreement with NZEC, Monumental will receive a 25% royalty on production after recovering its 75% initial capital contribution. The Copper Moki-1 (CM-1) workover is expected to take 10 days. Current oil prices receive a modest discount to Brent Crude ($77.39), while natural gas sells at a premium between $11-15 per MCF. The wells have historically produced nearly one million barrels of oil, and the company expects significant flush production rates from both wells.

Monumental Energy (MNMRF) announced that CEO Michelle DeCecco will be presenting at the upcoming Investor Summit Virtual event scheduled for June 10, 2025. The virtual presentation represents an opportunity for investors to learn more about the company's developments and future plans directly from its chief executive.

Monumental Energy (MNMRF) has initiated workover operations at the Copper Moki-1 and Copper Moki-2 wells in New Zealand's Taranaki Basin. The program, conducted with partner New Zealand Energy Corp., involves well re-entry, downhole cleanouts, tubing and rod replacement, and perforation of the Mt. Messenger formation. Copper Moki-1, drilled to 2,220-metres, will have a new 5-metre interval perforated at 1,587 metres to access untapped hydrocarbons. Copper Moki-2, at 2,084-metres, will undergo similar operations. Both wells have been idle for 18 months and show potential for significant flush production increase. The project remains under budget at NZD $560,000 (CAD $460,000), with operations expected to complete in the coming weeks.

Monumental Energy Corp (MNMRF) has provided an operational update on its Copper Moki 1 & 2 workover wells project in New Zealand's Taranaki basin. The company has invested $345,000 CAD to date, including a recent 70% deposit of $92,000 to contractor RIVAL.

The project timeline indicates that the RIVAL rig will begin setup at Copper Moki-2 during the week of May 12, 2025. The complete workover program for both wells is scheduled for 17 days, with expected completion by May 30, 2025. Upon successful completion, both wells will immediately resume production.

Under the revenue structure, Monumental will initially receive 75% of net revenues from oil and gas sales, later transitioning to a 25% royalty model. The company is also exploring potential new well sites with NZEC near the Waihapa production facility.