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Xun Corporate  
#1 Posted : Wednesday, February 25, 2015 1:55:43 PM(UTC)
Xun Corporate

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On January 3, 2015, Xun Oil Corporation dba Xun Oil Marketing (XOM), a wholly owned subsidiary of the Company, entered into a Financing and Profit Sharing Agreement, (JV006) relating to the operations of IDRIA XUN ENTERPRISES LIMITED, a Hong Kong corporation (IXEL).

Highlights of the JV006 are as follows:

• XOM owns 50% interest in IXEL;

• IXEL will be based in Hong Kong;

• XOM appoints two of the four directors;

• President of IXEL will be Jerry G. Mikolajczyk (the Company's President, CEO, CFO and Director);

• Secretary of IXEL will be William D. Spier (the Company's Treasurer and Director);

• Vice-President will be Ali Pascal Mahvi;

• Vice-President will be Selvaraj Venugopal;

• Profits will be shared net of financing and common costs on a transaction by transaction basis;

• JV006 purpose is to collaborate the efforts of the counterparties to finance the purchase of the high quality petroleum products and to market the high quality petroleum products to the EXIT BUYERS;

• IXEL will flow through other Joint Ventures with XOM subject to IXEL Board approval;

• XOM will administer 100% of IXEL.

There are no assurances that JV006 will be able to close on any of the physical commodity trades. There are no assurances that should JV006 close on a physical commodity trade that it will be profitable.

Edited by user Thursday, February 26, 2015 3:50:27 PM(UTC)  | Reason: formatting

thanks 7 users thanked Xun Corporate for this useful post.
4on4off on 2/25/2015(UTC), fischerman1940 on 2/25/2015(UTC), Daddyvlo17 on 2/25/2015(UTC), Darbea on 2/26/2015(UTC), Xun VP - Investor Relations on 2/26/2015(UTC), JOECROWE789 on 2/27/2015(UTC), osu1978 on 2/27/2015(UTC)
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JOECROWE789  
#2 Posted : Friday, February 27, 2015 10:24:25 AM(UTC)
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Good Morning Jerry and XNRG Executives,

The formation of IDRIA XUN ENTERPRISES LIMITED, a Hong Kong corporation (IXEL) provides XNRG Sheholders with both confirmation and confidence that you are propelling the Physical Commodity Trade Division forward.

Although assurances cannot be given, we commend your efforts for if nothing is ventured, nothing will be gained.

In reviewing the structure of IDRIA XUN ENTERPRISES LIMITED, a Hong Kong corporation (IXEL) and Highlights of the JV006, XNRG Shareholders are encouraged to view the following Internet Link located below as it provides further details substaniating the successful Physical Commodity Trades already completed by 2 members of the IDRIA XUN ENTERPRISES LIMITED, a Hong Kong corporation (IXEL).

• Vice-President will be Ali Pascal Mahvi;

• Vice-President will be Selvaraj Venugopal;

http://www.idriaenergy.c...ng-Chagrin-Falls-OH.html


About the Company


Origins of Success

Shazdeh Abolfath Mirza Mahvi, the noted "oil man of Iran," founded the company. Returning to Iran at the Shah's request in 1950, Mr. Mahvi joined the Anglo-Persian Oil Company and later, Standard Oil Company's subsidiary, Pan American Oil Company--all three of which merged into British Petroleum at the turn of the century. Mr. Mahvi was primarily responsible for bringing the Pan American Oil Company to the Persian Gulf, securing its concession by Iran in 1958.

Joint Ventures

Three decades later, Shazdeh Mahvi formed the Idria Oil & Gas Company.

His son, Pascal Mahvi became the managing director while the company carried out over 3 million km of seismic soundings off the Pacific coast of the Republic of Panama, ultimately drilling three exploratory deep wells of 8,000 feet using shallow water, jack-up platforms.

Much later, in 2013, this effort resulted in having negotiated a joint venture with an American-based company in order to re-enter the area to explore and drill production wells.


Partnerships for Drilling

In 1990, Idria Oil negotiated the drilling of 54 deep wells, ranging from 10,000 to 12,000 feet, at a cost of $254 million dollars.

The partner on the project was Canadian Triton International, under contract to the National Iranian Drilling Company. The wells were completed on time and within budget, allowing Iran to increase its production by bringing these collapsed wells back on line.


New Horizons

Two decades later, Pascal Mahvi created the successor to Idria Oil & Gas, IDRIA ENERGY, LLC and IDRIA CONSULTING SERVICES LIMITED d/b/a IDRIA ENERGYand brought in partners to expand the company in new directions. Today, the company is a highly specialized organization.


Partnerships for Fuel sales

IDRIA ENERGY enjoys a number of JV partnerships in fuel sales both in the US and Overseas.

IDRIA ENERGY Directors

Soon after the company added experienced directors / associates who has been heavily involved in the commodity trade business along with an extensive back-office sales and marketing team, which operates on an international basis to bring in vetted clients who are ready, willing, and able to acquire products. Incredibly, the three partners' in IDRIA's reach is exactly one degree away from any oil contact, worldwide.

ALI Pascal Mahvi –IDRIA, Founder, Chief Executive Officer- Director / Partner

Mr. Pascal Mahvi was born into the Kajar royal family of Persia.

Born in Flushing, New York, Mr. Mahvi is a multinational (US, French, Iran), multi-lingual internationalist.

An avid pilot, sailor and writer, he is also a published author, having published a book, Deadly Secrets of Iranian Princes – Audacity to Act, dealing with Iran’s aspirations to be a nuclear power – the focus of the world’s attention. The book is available on Amazon.

Mr. Mahvi has a diverse range of expertise from 40 years spent in business, including exploratory drilling in Central America, well reworks in Iran, MILSPEC manufacturing and property development in France, Caribbean and The United States.

He began a career in real estate development, overseeing the construction of projects in the Middle East, California, Missouri and a five-star resort in St Lucia located on the world's newest UNESCO's World Heritage Site.

In the 1980s he founded Hardill International, a MILSPEC manufacturing company, which he sold to Litton Industries.

The company manufactured F16 landing gear parts, the VHB-80 and 45 vibrationless Jackhammer, and the SunTwin® space heaters, which are still, now 30 years later, on the market.

In the late 1980s as the managing director of Idria Oil & Gas Company, he carried out over 3 million km of seismic soundings, drilling three exploratory wells off the southern coast of the Republic of Panama. In 2013 he negotiated a joint venture with an American driller to re-enter the area to further explore the area and bring their findings to production.

In the 1990’s he negotiated the drilling of 54 deep wells (12,000 ft / $254 million project) with Canadian Triton International for the National Iranian Drilling Company.

The joint venture completed this project on time and on budget, allowing Iran to increase its production prior to the United States 1995 Executive Order.

Mr. Mahvi is also a shareholder and an officer / director of Petrosonics LLC (a subsidiary of IDRIA ENERGY) with synergistic, worldwide IPs for the removal of sulphur from crude; and the Chairman and CEO of Science & Technology, Inc. a Japanese company, with breakthroughs in the photo-bio-reactor technology invented by Mr. Nobou Oyama, the Director of IDRIA ENERGY in the Far East.

In 2013, he became Chief Executive Officer of Idria Energy LLC and Idria Consulting Services Limited, d/b/a Idria Energy.

The Companies’ current emphasis is on the trading of oil-based products from Russia, the Middle East and the Far East.

His father, Shazdeh (“Prince”) Adolfath Mirza Mahvi started his illustrious business career as the Persian Director of the Angro-Persian Oil Company (APOC).

In 1958 he was primarily responsible for bringing of Iran Pan American Oil Company (IPAC) to Iran, securing it the largest concession ever granted. Both, APOC and IPAC merged into British Petroleum, when the latter acquired Standard Oil of Indian, thus becoming the world’s giant it is.


Selvaraj Venugopal – IDRIA Director / Partner

Selvaraj “Raj” Venugopal is an Attorney, licensed to practice law both in California and India. He has been practicing law in San Jose for the past 20 years.

He handles a wide variety of legal matters for emerging growth companies, launches start-ups, provides essential contracts and provides guidance to protect intellectual property, assists through venture funding and on to merger and acquisition if necessary.

Recently he has played critical roles in helping a number of IT companies in defining their growth strategies and helping them to evolve into solid target companies for acquisition by multinational companies and successfully completed a few transactions.

Mr. Venugopal also has been the Managing Member of Vale Ventures LLC and Vale Ventures II LLC and has been in the investment business for 13 years now, predominantly in Information Technology Investments.

He has invested into 24 different technology companies through his investment firm, realizing returns of 5x- 8x on 7 of them to date. Raj has extensive contacts in India both at the States and Central Level and good working relationships with L&T and the like.

He cofounded Fortify Infrastructure Services, Inc., an IT Infrastructure Entity in September 2008, which got acquired by emphasis and Indian Public Entity for $28 Million US Dollars in May 2010.

In 2008 he founded Venus Enterprises LLC a Mauritius Entity initially to invest in IT companies and then changed its profile to undertake infrastructure projects.

In July 2010, Raj acquired extensive mining rights and cofounded SOCOROMA Mines and Minerals LTD, in the city of Arica, Chile. Socoroma owns a few Manganese, Bitumen and Magnetite mines and a natural port called Caleto Vitor.

Mr. Venugopal is now a partner and owner of Socoroma Group in Chile. Socoroma Group Consists of

1. Manga Socoroma, SpA which owns a Manganese mine, with more than 25 Million MT of High Grade Manganese;
2. Arica Copper SpA, which has 130+ mining concessions over 115,000 hectares of good grade Copper reserves and
3. Partner and Owner of Socoroma Mines and Minerals Limited, which has more than 30+ mining concessions and also a maritime concession to build and operate a deep water mega port with possible capacity of 40 Million MT per year.

It also has 40+ KM shoreline and potential to build Gigawatts worth of wind and solar power and a green port city.


Idria Consulting Services Limited operates as IDRIA ENERGY.
thanks 3 users thanked JOECROWE789 for this useful post.
Xun Pres on 3/6/2015(UTC), fischerman1940 on 3/30/2015(UTC), 4on4off on 10/3/2015(UTC)
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