Texas Oil & Gas Investments | Hotel & Resort Development | Nevada Gold Exploration
Northern Minerals & Exploration (“NMEX”) is an emerging publicly traded company. NMEX is an oil and gas exploration company, a hotel & resort development company & a gold exploration company focused on both domestic and international projects.
Many exciting events have occurred over the past six months towards building NMEX.
- Quarterly & Annual reports have been filed and only have one report remaining to become a current filer.
- Moved from a Letter of Intent to an Memorandum of Understanding on Joint Venture development of a Hotel & Resort Property on Yucatan Peninsula Mexico
- Created Mexican Subsidiary called Enmex Operaciones to be able to begin Real Estate development projects in Mexico.
- Engaged an award winning Architectural firm to design masterplan for a 40 room Boutique Hotel & Resort , Spa & Wellness center in Mexico with 40 luxury villas & 50 high end condos.
- Created Kathis Energy LLC, as a wholly owned subsidiary, which is establishing oil and gas operations in west and south Texas.
- Kathis Energy created Two Private Placement Drilling funds
- Completed a CSMAT Survey on the Winnemucca Mountain Gold Property
NMEX is currently dedicated to building cash flow from the following projects below:
(Drilling wells in proven oil fields)
In December 2017, NMEX launched a wholly subsidiary Kathis Energy LLC, for identifying & drilling low risk oil conventional investment opportunities in Texas. NMEX owns 100% of Kathis Energy.
Kathis Energy’s niche is to go back into abandoned or plugged out oil fields that were substantial producers and recover the significant oil reserves that was left behind. Drilling new vertical wells in these prospective areas, utilizing today’s logging and completion techniques, is a conservative approach to building cash flow with potential for significant return on investment.
Kathis has Upstream Oil & Gas Investment Opportunities for the Family Office, Registered Investment Advisor (RIA), Wealth Management & the Accredited Investor | Drilling Conventional Wells in Proven Oil Fields | Direct Oil Well Investments for Income and Tax Benefits.
Kathis Energy has two Private Placement funding campaigns:
(1) a $5,250,000 drilling fund for 8 wells in central west Texas
(2) a $30,000,000 drilling fund for 25 wells in south Texas
Kathis Energy Drilling Fund 1
We have taken a very conservative approach to identifying drilling prospects for Kathis. All of our projects have excellent geological support. The drilling locations are direct offset wells in overlooked proven fields. These fields were discovered in the 1970’s-1980’s and were never fully developed after the collapse of crude oil prices. Kathis estimates approximately 100,000 – 200,000 bbls of recoverable reserves per well.
Kathis Energy Drilling Fund 2
Dr. Kumar, Kathis Energy’s director of reservoir engineering, evaluated over 500 oil fields in Texas using a stringent 15-point criteria matrix, and through his study and evaluation ranked those fields, selecting the top fields for this fund. He has identified 20 fields out of 500 fields evaluated.
Of the 20 fields Dr. Kumar estimates approximately 5,000,000 bbls of recoverable reserves per field.
Watch Video about our Kathis Energy Drilling Fund 2
Watch Video for the
For more information:
Visit the Kathis Energy Website:
Call us at +1 (833) 528-4471
Hotel & Resort Development in Mexico
NMEX updated and extended the Memorandum of Understanding (“MOU”) for entering into a definitive agreement for the purchase of 51% of Pemer Bacalar SAPI DE CV for jointly developing an ecofriendly multi facet resort on a freshwater lagoon near Bacalar in the State of Quintana Roo, Mexico (“Property”). Quintana Roo, is often referred to as “The Mexican Caribbean” with a shoreline along the Caribbean that has grown in just a few decades into a major tourism destination. It includes world-class resorts built specifically for the Yanqui/Euro tropical vacation business, small communities with a more local Maya-Mexicano character, and fascinating ancient Maya archaeological sites.
Nearly 10 million people visited the state of Quintana Roo last year, according to the Tourism Secretariat of Quintana Roo (SEDETUR). The Property is a part of the Riviera Maya & is located near the recently discovered Ichkabal Mayan ruins and is situated on the Caribbean coast of the Yucatan Peninsula. NMEX considers the Property to have excellent potential for resort development.
The Winnemucca Mountain Property (the “Property’) covers an area of over 2600 acres, and is located in Humboldt County, in northwestern Nevada. Humboldt County is the second largest gold producing county in the United States and hosts numerous past and producing gold mines, including the Getchell (Barrick/Newmont), Marigold (Goldcorp), Lone Tree (Newmont), and Twin Creeks (Newmont). The Property is located about 16 miles northwest of the Lone Tree Mine and 20 miles southeast of the historic Sleeper open pit mine operated by Amax Gold from 1986 to 1996. Recent exploration at Sleeper has identified an additional resource of over 5 Million ounces of gold and in excess of 60 million ounces of silver.
Gold and silver were first discovered in the Winnemucca Mining District in 1863, and during the 1860’s several smelters were constructed in the area. Modern exploration began in the 1980’s with mapping, geochemical sampling, geophysics and drilling conducted by several companies including St. Joe, Cordex, Tenneco, and Sante Fe Pacific Gold ( now “Newmont”). By the mid-1990’s over 52,000 feet of drilling had been completed. A large percentage of this drilling was done in the Swordfish Target on the property, which is currently being evaluated by the company as a potentially minable deposit. A CSAMT geophysical survey conducted in January 2018 over the Swordfish Target outlined a major NNE structure correlating with the mapped vein system, offset by a series of sub parallel structures. Further exploration including drilling is recommended with the focus of defining the potential of one million plus ounces of gold equivalent on the Property.
A CSAMT geophysical survey conducted in January 2018 over the Swordfish Gold & Silver Deposits outlined a major NNE structure correlating with the mapped vein system, offset by a series of sub parallel structures. Further exploration including drilling is recommended with the focus of defining the potential of one million plus ounces of gold equivalent on the Property. Northern Minerals and Exploration Ltd. currently is in the process of negotiating a new agreement on the Winnemucca Mountain Property.
Mexican Subsidiary documents were signed at the Law Offices of Rivadeneyra y Asociados S.C.P. in Mérida, Yucatán, México. Pictured Left to Right: Victor Francisco Miranda Bistrain, Roger Autrey & Enrique Perez Contreras Cel
NMEX attends the Family Office Summit in Houston
The Family Office Energy Summit is the only family office conference dedicated exclusively to energy ranging from natural gas and oil royalties to wind farms and solar investments.
The Attendees included: Pension funds, endowment funds, single and multi-family offices, high-net-worth individuals, energy operators, oil and gas investors, renewable energy companies, hedge funds, private equity sponsors, and other energy industry participants.
REGULATION D 506(C) MANDATED LEGEND
Any historical performance data represents past performance. Past performance does not guarantee future results; Current performance may be different than the performance data presented; The Company is not required by law to follow any standard methodology when calculating and representing performance data; The performance of the Company may not be directly comparable to the performance of other private or registered funds or companies; The securities are being offered in reliance on an exemption from the registration requirements, and therefore are not required to comply with certain specific disclosure requirements; The Securities and Exchange Commission has not passed upon the merits of or approved the securities, the terms of the offering, or the accuracy of the materials.
Forward Looking Statements: Statements which are not historical facts contained in this release are forward looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers’ preferences and trends. The words “estimate,” “possible,” “seeking,” and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements. The information herein is subject to change without notice. Northern Minerals & Exploration Ltd. shall not be liable for technical or editorial errors or omissions contained.