$EFIR AND $MNVN & SUCCESS OIL Yahoo!   My

$EFIR AND $MNVN & SUCCESS OIL

Yahoo!   My Yahoo!   Mail  Welcome, Guest 
[Sign Out, My Account]
Finance Home - Help

Quotes & Info 
Enter Symbol(s): 
e.g. YHOO, ^DJI Symbol Lookup | Financial SearchMNVN > SEC Filings for MNVN > Form 8-K on 2-Sep-2014All Recent SEC Filings

Show all filings for MONDIAL VENTURES, INC.

Form 8-K for MONDIAL VENTURES, INC.

2-Sep-2014

Entry into a Material Definitive Agreement, Financial Statements and Exhib


Item 1.01. Entry into a Material Definitive Agreement

I. Modification and Extension to the "Amended Participation Agreement" Dated Effective January 21, 2014.

Effective on August 31, 2014 the Registrant entered into and amended a Modification and Extension to "Amended Participation Agreement" dated January 21, 2014. The Modification and Extension again updates and extends Exhibit "B" of an Asset Purchase Agreement made and entered into as of January 21, 2014, the Effective Date ("Effective Date", by and among Shale Corp., a corporation organized under the laws of the Province of Ontario in Canada with its principal place of business located at 365 Bay St, Suite 400, Toronto On, M5H 2V1(the "Company", and the Investor acting as the Company, along with approvals from Success Oil Co., Inc., its Operator and Partner, EGPI Firecreek, Inc. via its wholly owned subsidiary Energy Producers, Inc., Partner, and TWL Investments, aLLC, investing participants, to amend, modify and extend Section II. Paragraph one thereto, giving extra time to the Participation Agreement originally allowing for six (6) months (through June 30, 2014 unless mutually extended by all parties thereto) now extended to September 30, 2014 (unless mutually extended by all parties thereto) for participants to deliver to Operator Participant's share of the Turnkey Cost to Casing Point for drilling of the first Prospect Well. For further information please see with additional information in contained in our Form 8-K and Exhibits filed on February 7, 2014.

*A copy of the August 31, 2014 Modification and Extension to the "Amended Participation Agreement" Amended August 31, 2014 is attached hereto on Exhibit 10.1.

II. Fifth Amendment To Modification, Amendment and Further Extension of the "Agreement To Extend Option" Dated Effective on December 31, 2013.

On August 31, 2014 the Company entered into a Fifth Amendment to Modification, Amendment, and Further Extension of the Agreement to Extend Option dated effective on December 31, 2013 between EGPI Firecreek, Inc. on behalf of itself and all of its wholly owned subsidiaries including, but not limited to, Energy Producers, Inc. ("EPI", and the Company, which is amended to be by and through 2301840 Ontario Inc., a wholly owned subsidiary of Boomerang Oil, Inc. (formerly 0922337 BC LTD) ("Boomerang", now a Majority owned subsidiary of the Company. The parties thereto, as amended, having earlier entered into an Agreement to Extend Option with Success Oil Co., Inc., ("Success" along with all the parties to wit, agreed summarily to i) further extend the Option Agreement through August 31, 2014 unless further modified or extended by the parties in writing , and ii) in summary, to allow certain past due capital expenditure costs in the total aggregate amount of $200,000 historically held by Success to begin to be paid out of available cash flow on a monthly basis from the Joint Interest Billings, and from only the current producing economic wells and interests, pro rata, not to include future wells, and to begin after April 6, 2014 for the January 2014 forward billings, until paid, unless otherwise negotiated to the satisfaction of Success. For further information please see Exhibit 10.1 to a Current Report on Form 8-K, filed on April 2, 2014, along with additional information in contained in our Form 8-K and Exhibits 10.1, 10.2 and 10.3 filed on February 7, 2014.

*A copy of the August 31, 2014 Fifth Amendment To Modification, Amendment and Further Extension of the "Agreement To Extend Option" Dated Effective on December 31, 2013 is attached hereto on Exhibit 10.2.



ITEM 9.01 Financial Statements and Exhibits.

(d) EXHIBITS. Exhibit Number Description Amended Modification and Extension to the "Amended 10.01 Participation Agreement" Dated August 31, 2014 Fifth Amendment To Modification, Amendment and Further 10.02 Extension of the "Agreement to Extend Option"

   Add MNVN to Portfolio      Set Alert          Email to a Friend  Get SEC Filings for Another Symbol:   Symbol LookupQuotes & Info for MNVN - All Recent SEC FilingsPrivacy - About Our Ads - Terms - Send Feedback - Yahoo! - ABC News Network  
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.


#pennystocks