Monumental Energy Intends to Acquire Stake in New Zealand’s Maata Oil Field
Monumental Energy says it intends to acquire an ownership stake in the onshore Maata oil field with a consortium that includes operator Jetex Energy. The field is in Taranaki, near two production facilities.
Monumental Energy Corp. (“Monumental” or the “Company”) (TSX-V: MNRG; FSE: ZA6; OTCQB: MNMRF) is pleased to announce that it intends to acquire an ownership stake in the onshore Maata oil field with a consortium of companies including Jetex Energy Limited (the operator), New Zealand Energy Corp. (“…