What Monumental Energy does

Monumental Energy Corp. (TSX-V: MNRG; FSE: ZA6; OTCQB: MNMRF) is a Vancouver-headquartered, publicly listed exploration and production company. Originally incorporated in October 2022 as Monumental Minerals Corp. focused on critical and clean energy minerals, the company pivoted into upstream oil and gas in 2025–2026 while retaining royalty exposure to lithium assets in Chile's lithium triangle. Its core operating activity is a portfolio of workover projects in New Zealand's onshore Taranaki Basin, conducted through a funding agreement and joint venture with New Zealand Energy Corp. (operator, 50% interest) and L&M Energy (50% interest) on Petroleum Mining Licences PML 38140 and PML 38141. The company targets bypass pay zones in the Mount Messenger formation, achieving commercial production in March 2026 across four wells (Waihapa H1, Ngaere-1, Ngaere-2, Copper Moki-1) with six additional wells permitted and a stated target of up to 1,000 boe/d. Crude is transported via short pipeline to the Waihapa production facility and by truck to New Plymouth port; associated gas is sold directly to the local New Zealand market at USD $10–15 per MCF, among the highest gas prices globally.

The company has developed a proprietary crystal engineering chemical formula in partnership with 13 Specialty Chemicals Ltd. that maintains oil in a liquid state from 38° API to 16° API and reduces wax buildup around pumps; the company intends to commercialize this formula to other Taranaki Basin producers. Beyond Taranaki, Monumental holds a 2% net smelter return royalty on Summit Nanotech's interest in the Salar de Turi lithium project (8,500 hectares) in Chile and retains exposure to the Laguna Blanca cesium-lithium brine project (12,425 hectares) operated by Lithium Chile, of which Monumental is a strategic shareholder following a 2022 option agreement. The company is also the third-largest shareholder of NZEC, holding 1.2M shares at a $0.46 cost base, providing structural alignment with its primary JV partner.

Monumental's revenue model combines direct oil and gas sales (the dominant near-term stream) with a longer-tail licensing/royalty stream from the Salar de Turi NSR. Its go-to-market is enterprise-style, with direct relationships to NZEC and L&M Energy on the production side and commodity off-take to New Plymouth port and local New Zealand gas buyers on the sales side. The company is small (1–10 employees) and recently underwent leadership changes: founder Maximilian Sali assumed the CEO role in March 2026, and Chris Mackay joined the board in June 2026. Marketing and investor-relations activities are run primarily through newswire distribution, an investor centre on the company website, and conferences such as the Oil & Gas Virtual Investor Conference.

Name

Monumental Energy

Legal name

Monumental Energy Corp.

Website

https://monumental.energy

Company type

Public

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

Monumental Energy Corp. is a Vancouver-based public oil and gas producer operating low-cost workover projects in New Zealand's Taranaki Basin through a joint venture with New Zealand Energy Corp. and L&M Energy, with additional royalty exposure to lithium assets in Chile's lithium triangle.

Ownership category

akta.pro rank

Product category

Oil and Gas Production

NAICS

Oil and Gas Extraction (2111), Crude Petroleum Extraction (21112), Natural Gas Extraction (21113)

SIC

Crude Petroleum & Natural Gas (1311)

akta.pro primary industry

Production Operations & Artificial Lift (Surface Facilities, Compression, Flow Assurance) (EUAAAAAK)

akta.pro secondary industries

Conventional Natural Gas Exploration & Production (Dry Gas) (EUAAAAAA), Field Development & EOR/IOR for Gas (Compression, Refracturing, Reservoir Management) (EUAAAAAM)

Keywords

• Oil and gas production
• Workover operations
• Critical minerals exploration
• Lithium brine royalties
• Upstream energy production

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain

Revenue model

1. Oil and Gas Production Sales: Revenue from the sale of crude oil and natural gas produced from workover operations in the Taranaki Basin, New Zealand. Oil is transported via pipeline and trucking to New Plymouth port, while associated gas is sold immediately to market at approximately USD $10-15 per MCF.
2. Royalty Income - Salar de Turi: 2% net smelter return (NSR) royalty on Summit Nanotech's interest in the Salar de Turi lithium project in Chile.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Monumental Energy produces crude oil and natural gas from workover operations on producing wells in New Zealand's onshore Taranaki Basin (Waihapa H1, Ngaere-1, Ngaere-2, Copper Moki-1), in partnership with New Zealand Energy Corp. and L&M Energy. The company also holds a 2% NSR royalty on the Salar de Turi lithium project in Chile's lithium triangle and an interest in the Laguna Blanca cesium-lithium brine project. A proprietary crystal engineering chemical formula developed with 13 Specialty Chemicals Ltd. is used to stabilize flow rates and maintain oil liquidity across API ranges.

Product overview

Monumental Energy is an exploration company focused on oil and gas production and critical minerals. The company operates a portfolio of producing oil and gas wells in New Zealand's Taranaki Basin (Waihapa H1, Ngaere-1, Ngaere-2, Copper Moki-1) through partnerships with New Zealand Energy Corp. and L&M Energy, while maintaining royalty exposure to lithium-brine projects in Chile (Salar de Turi 2% NSR, Laguna Blanca project). A proprietary crystal engineering chemical formula was recently developed to enhance oil flow characteristics.

Differentiator

Problem solved

Functional benefit

Products and services

• Oil and Gas Production - New Zealand (Taranaki Basin) Crude oil and natural gas production from workover operations on the Waihapa H1, Ngaere-1, Ngaere-2, and Copper Moki-1 wells in New Zealand's onshore Taranaki Basin, operated under Petroleum Mining Licences PML 38140 and PML 38141 in partnership with New Zealand Energy Corp. and L&M Energy.
• Salar de Turi Lithium Project (2% NSR Royalty) A 2% net smelter return royalty on Summit Nanotech's interest in the Salar de Turi lithium project in Chile's lithium triangle, comprising 40 exploration concessions totaling 8,500 hectares.
• Laguna Blanca Cesium-Lithium Brine Project
• Crystal Engineering Chemical Formula A proprietary chemical formulation co-developed with 13 Specialty Chemicals Ltd. that increases oil production and stabilizes flow rates by keeping oil in liquid state from 38° API to 16° API and reducing wax buildup around pumps and equipment.

Quantifiable outcome

• Ngaere-2 achieved stable 300 barrels per day flow rate
• +2 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered core and minor.

• New Zealand Energy Corp. (NZEC)coreStrategic or Co-development Partner · 12 January 2026Funding agreement enabling Monumental to participate in mutually agreed appraisal and development workover projects targeting production optimization across Petroleum Mining Licences PML 38140 and PML 38141 in the Taranaki Basin. NZEC holds 50% interest in the Licences and serves as operator.
• Lithium Chile Inc.minorStrategic or Co-development Partner · 5 October 2022Option agreement to acquire 50.01% interest in the Salar de Turi lithium project in Chile's lithium triangle. Monumental must make cash payments totaling C$700,000, incur C$1,400,000 in exploration expenditures, and issue shares resulting in Lithium Chile holding 9.9% of Monumental.
• L&M Energy Ltd. (LME)coreStrategic or Co-development PartnerCo-venturer holding 50% interest in Petroleum Mining Licences PML 38140 and PML 38141 under a joint operating agreement. Partnership enables joint appraisal and development workover projects.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• New Zealand Energy Corp. TSX-V-listed operator of the same Taranaki Basin Petroleum Mining Licences (PML 38140/38141) and Monumental's JV partner. NZEC holds 50% interest and operates the wells Monumental participates in via a funding agreement; Monumental is also NZEC's 3rd-largest shareholder.
• L&M Energy Ltd. Co-venturer holding 50% interest in the same PML 38140/38141 licences under a joint operating agreement with Monumental. Directly comparable as a small-cap Taranaki Basin onshore oil and gas operator pursuing workover and bypass-pay-zone production.
• TAG Oil Ltd. TSX-V-listed junior focused on Taranaki Basin oil and gas production and exploration, including workover operations targeting bypass pay zones in the Mount Messenger formation — a directly comparable operator and geology play.

Regional players

• New Zealand Oil & Gas (NZOG): Largest New Zealand-headquartered upstream oil and gas company with operated and non-operated interests across the Taranaki Basin. Comparable business model (NZ oil & gas production) but at significantly larger scale and broader asset base than Monumental.
• Cue Energy Resources: ASX-listed upstream oil and gas company with producing and development assets in the Taranaki Basin (Maari, Mangahewa). Comparable in basin and play type; primary market and operations are Australia/New Zealand rather than Canada.

Others

• Lithium Chile Inc. TSX-listed lithium and cesium exploration company operating the Salar de Turi and Laguna Blanca projects in Chile — Monumental's former option partner on Salar de Turi and an indirect comp through shared exposure to Chile's lithium triangle.
• Summit Nanotech: Private direct lithium extraction (DLE) technology company currently advancing the Salar de Turi project in Chile — Monumental holds a 2% NSR royalty on Summit's interest, making it the closest peer for valuing Monumental's lithium optionality.
• Defense Metals Corp. Canadian-listed junior resource company also founded and led by Max Sali. Comparable as a similar TSX-V micro-cap resource issuer with similar governance structure and capital-markets positioning.
• Liberty Gold Corp. TSX-listed junior resource company led by Monumental technical advisor Cal Everett. Comparable as a similar Canadian-listed, advisor-driven junior resource issuer with comparable governance and capital-markets positioning.

Broad incumbents

• Advantage Lithium / Allkem (now Arcadium): Founded by current Monumental CEO Max Sali; acquired by Allkem for ~$69M in 2020. Comparable as a past benchmark for what a successful Chilean lithium asset in Monumental's portfolio could be worth under similar capital-markets sponsorship.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCqre_awxR8r8r6CUP3GUFag
• Facebookfacebook.com/MonumentalMinerals
• LinkedInlinkedin.com/company/monumental-minerals-corp
• Instagraminstagram.com/monumentalenergy
• Xx.com/MonumentalCorp

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Monumental Energy