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U.S. Rep. Will Hurd (TX-23) to Visit MMEX’s Pecos County Refinery Site, Ride Texas Pacifico South Orient Railroad Hy-Rail Car on March 26

Nachrichtenquelle: Business Wire (engl.)
22.03.2018, 16:08  |  8269   |   |   

MMEX Resources Corp. (OTCQB: MMEX), a development-stage company focusing on the acquisition, development and financing of oil, gas, refining and infrastructure projects in Texas and South America, announced that U.S. Rep. Will Hurd (TX-23) will visit its Pecos County Refinery Project 20 miles northeast of Fort Stockton on Monday, March 26.

Jack W. Hanks, President and CEO of MMEX Resources Corp., commented, “We’ve made significant progress in a short amount of time and are looking forward to sharing our accomplishments with Congressman Hurd during his visit to the Pecos County refinery project site. With the refinery being built in Congressman Hurd’s district, we’re eager to discuss the economic impact of the refinery and the job creation moving forward.”

MMEX broke ground on Phase 1 of the MMEX Refinery Project in Pecos County Texas, a 10,000 barrel-per-day (BPD) crude distillation unit, in mid-November. Recently, MMEX announced that it had commenced and completed road construction on its easement acquired from the University of Texas Lands, entered into a diesel product sales agreement with Pilot Thomas Logistics and entered into a trucking transportation agreement with Penta Operating LLC.

The visit will begin at the Pecos County Refinery site at 4:00 p.m., with Congressman Hurd touring the site and receiving a briefing about the progress from Hanks. Following the visit, Congressman Hurd and Hanks will ride the Texas Pacifico South Orient Railroad that transverses the Refinery Site location by Hy-Rail to the Fort Stockton Visitor’s Center, touring a path the Pecos County Refinery site proposes to use to transport product, and arrive at approximately 5:00 p.m. for photos. Media are welcome to attend the site visit and the arrival of Congressman Hurd by rail at the Fort Stockton Visitor Center and can contact Morgan Moritz (512-448-4950 / mmoritz@piercom.com) if interested.

About MMEX Resources Corp.

MMEX Resources Corporation (MMEX) is a development stage company formed to engage in the exploration, extraction, refining and distribution of oil, gas, petroleum products and electric power. MMEX focuses on the acquisition, development and financing of oil, gas, refining and electric power projects in Texas, Peru, and other countries in Latin America. For more information about MMEX, visit www.mmexresources.com.

The following constitutes a "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, which could cause our actual results to differ materially from those described in the forward-looking statements. These risks include, but are not limited to, the Company’s ability to continue as a going concern, our lack of revenues, general business conditions, the requirement to obtain significant financing to pursue our business plan, our history of operating losses and other risks detailed from time to time in the Company's SEC reports. In particular, readers should note MMEX undertakes no obligation to update forward-looking statements.

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