Welcome to our dedicated page for Monumental news (Ticker: MNMRF), a resource for investors and traders seeking the latest updates and insights on Monumental stock.
Monumental Energy Corp. (MNMRF) generates news around its activities in the critical and clean energy sector and its oil and gas projects. The company’s releases focus on project updates, workover operations, financing activities, and strategic partnerships related to its assets in New Zealand and Chile.
A key theme in Monumental’s news flow is the Copper Moki oil and gas wells in the Taranaki Basin, New Zealand. The company reports on workover campaigns at Copper Moki-1 and Copper Moki-2, including the commencement of operations, progress updates, and the resumption of commercial production. These updates describe technical steps such as downhole cleanouts, tubing and pump replacements, and perforation of the Mt. Messenger formation, as well as the resulting oil and associated gas production and royalty structures agreed with New Zealand Energy Corp.
Monumental’s news also covers its participation in additional production-focused workovers in the Waihapa/Ngaere Field in the Taranaki Basin, where it funds New Zealand Energy Corp.’s share of certain costs in exchange for royalty interests. Corporate announcements include non-brokered private placements to finance project work and general corporate purposes, as well as the retention of Yanne Capital LLC as a strategic advisor and future financing partner for potential oil and gas opportunities in New Zealand and Australia.
For investors and followers of MNMRF, this news stream provides insight into Monumental’s operational milestones, capital-raising plans, and evolving portfolio of critical mineral and hydrocarbon assets. Regular updates on workover progress, production status at Copper Moki, and developments at its lithium-brine and royalty interests in Chile help readers track how the company is advancing its stated strategy across the critical and clean energy space and oil and gas projects.
Monumental Energy (OTCQB: MNMRF) reported an initial flush production of 3,000 barrels and a stable unstimulated flow rate of 300 barrels per day at the Ngaere-2 well on March 30, 2026.
The well sits within 4 km of other online wells near the Waihapa facility; four wells are currently online and six additional wells are permitted. Monumental and NZEC estimate 1,000 boe/d is possible, while constrained production is choked back to preserve stable flow. Monumental participates under a funding agreement with NZEC (NZEC holds 50% of the licences).
Monumental Energy (OTCQB: MNMRF) reported an initial flush of 3,000 barrels and a stable unstimulated flow rate of 568 barrels per day of 38° API crude from the Waihapa H1 rework in New Zealand's Taranaki Basin on March 19, 2026.
The well was reworked with a low-cost seven-interval perforation totaling six metres and sits within 100 metres of existing production infrastructure; production continues to rise and month-end totals will be provided.
Monumental Energy (OTCQB: MNMRF) announced commercial production restarted from all 7 perforations in the Mount Messenger formation at the Waihapa H1 well on March 16, 2026. Oil is being piped to a holding tank at the nearby Waihapa production facility, within 100 meters.
The restart is being carried out under a funding agreement with New Zealand Energy Corp., which holds a 50% interest in Petroleum Mining Licences PML 38140 and PML 38141 and supports appraisal and development workover projects.
Monumental Energy (OTCQB: MNMRF) announced on March 10, 2026 that operations crews have been mobilized from the Ngaere-1 well to commence perforations at the Waihapa H1 well in the onshore Taranaki Basin, New Zealand.
The work is being conducted under a Partnership with New Zealand Energy Corp and L&M Energy, with NZEC holding a 50% interest in PML 38140 and PML 38141, enabling Monumental to participate in agreed appraisal and development workovers to increase oil and gas production in the Licences.
Monumental Energy (OTCQB: MNMRF) reports successful perforation and strong initial production from the Ngaere-1 well in Taranaki, New Zealand. The well produced 580 barrels in the first six hours and ~3,000 barrels to date, now stabilizing near 120 bbl/d. Workover costs were recovered within weeks.
The Partnership plans similar perforations at Waihapa H1 and Ngaere-2, a ~4,050-acre permit extension is under review, and Monumental is pursuing additional onshore permits and potential government funding.
Monumental Energy (OTCQB: MNMRF) announced a non-brokered private placement to issue a minimum of 10,000,000 Units and up to 15,000,000 Units at $0.05 per Unit for gross proceeds of $500,000–$750,000.
Each Unit includes one common share and one transferable warrant exercisable at $0.08 for three years. Net proceeds are intended to fund workover projects with New Zealand Energy and L&M Energy, additional expenses at Copper Moki-1, and general working capital and corporate expenses. Securities will be subject to a statutory hold of four months and one day. Finder’s fees may be payable. The placement is subject to TSX Venture Exchange approval and is not for distribution into the United States.
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.