VANCOUVER, British Columbia, June 25, 2026--(BUSINESS WIRE)--Monumental Energy Corp. ("Monumental" or the "Company") (TSX-V: MNRG; FSE: ZA6; OTCQB: MNMRF) is pleased to announce that, along with its operational partner, New Zealand Energy Corp. (TSXV:NZ) ("NZEC") 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 Ltd. 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 24–48 Hours
Tanks become pumpable
Transfer operations resume
Within 7 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 re-gelling
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:
Confirm pilot locations
Finalize formulations with 13 Specialty Chemicals Ltd.
Deploy field pilot
Optimize for cost and performance
Maximilian Sali, CEO, 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."