21:32:43 EDT Thu 25 Jun 2026
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Monumental Energy Corp
Symbol MNRG
Shares Issued 112,638,833
Close 2026-06-25 C$ 0.09
Market Cap C$ 10,137,495
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Monumental develops oil flow chemical in New Zealand

2026-06-25 18:11 ET - News Release

Mr. Maximilian Sali reports

MONUMENTAL ENERGY CORP. ANNOUNCES SUCCESSFUL PROPRIETARY DEVELOPMENT OF CHEMICALS TO ACHIEVE INCREASED OIL PRODUCTION AND FLOW STABILITY IN THE TARANAKI BASIN, NEW ZEALAND

Monumental Energy Corp., along with its operational partner, New Zealand Energy Corp., has noted that a crystal engineering chemical formula has been successfully created to increase oil production and stabilize daily flow rates in the Taranaki basin, New Zealand.

Monumental and NZEC engaged Austin, Texas-based, chemicals company 13 Specialty Chemicals Ltd. to create a chemical formula to help increase oil production and stabilize daily flow rates. 13 Specialty Chemicals is a production-focused chemistry company specializing in practical field problems, wells, flowlines, tanks, SWD and water systems. The company has created many different chemical blends for hundreds of active wells across Texas.

Expected operational impact of this priority chemical:

Within 24 to 48 hours

  • Tanks become pumpable;
  • Transfer operations resume.

Within seven days

  • Flow conditions are stable;
  • Reduced interventions needed.

Within 30 days

  • Treatment cost optimized;
  • Performance is predictable.

System overview (simplified for field use):

A. Recovery treatment (NZ-START)

  • Breaks wax/solid structure;
  • Restores pumpability.

B. Flow maintenance (NZ-FLOW)

  • Prevents regelling;
  • Maintains continuous movement.

C. Key advantages of system

  • Requires no permanent infrastructure changes;
  • Uses standard field equipment;
  • Can be deployed immediately;
  • Scales from single well to full field.

Monumental and NZEC are currently assessing the next steps which include:

  1. Confirm pilot locations;
  2. Finalize formulations with 13 Specialty Chemicals;
  3. Deploy field pilot;
  4. Optimize for cost and performance.

Maximilian Sali, chief executive officer, director and founder, comments:

"Earlier in the year, Monumental and NZEC contracted 13-Specialty Chemicals Ltd. to conduct testing on different chemical blends that will help increase production and flow stability in the crude oil that we see in our basin. I have personally been to this facility and seen how advanced and organized this company is when creating these specific products to assist with oil. This new chemical formula is expected to allow the oil to maintain its liquid state from when its produced at around 38-degree API all the way down to 16-degree API without creating a waxier product when shipping and also soaking this chemical in the well bore will allow less wax to build around the pumps and other parts allowing for better and stronger flow rates and field optimization. As this chemical will be exclusive to Monumental and NZEC, we are able to monetize this product by selling it to other companies that are producing in the Taranki basin."

The company will provide further updates as the chemical formula is tested and results are analyzed.

About Monumental Energy Corp.

Monumental Energy is an exploration company focused on the acquisition, exploration, and development of properties in the critical and clean energy sectors. The company is building a strategic position in New Zealand's onshore Taranaki basin, targeting near-term oil production and longer-term natural gas development.

The company has a funding agreement with New Zealand Energy (NZEC) targeting production optimization and workover opportunities across existing fields. The company also holds securities of NZEC and a call option and royalty interest related to the Copper Moki wells.

Monumental additionally maintains exposure to the critical minerals sector through a 2-per-cent net smelter return royalty on Summit Nanotech's interest in the Salar de Turi lithium project in Chile.

We seek Safe Harbor.

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