Monument Resources Inc.

• Public
• US

Dow Jones Description

Mountain Ventures, Inc. under the laws of the State of Colorado on October 1, 1984. Our name was later changed to Monument Resource Development, Inc. and lastly, in June 1987 to Monument Resources, Inc. (b) Narrative Description Of Business. Our primary activities have been to search for, acquire, evaluate, and market oil and gas and mineral properties and interests therein. Although we have acquired properties in the past, we may not be able to acquire additional properties in the future because of our limited financial resources and industry competition. During the fiscal year ended September 30, 2005, we changed our basic business plan to liquidate or sell the Company and or its properties and distribute the net proceeds to our shareholders. We own an interest in approximately 70 gas wells, a gas gathering system and related equipment in Leavenworth County, Kansas. We continue to evaluate and recomplete our gas wells to determine their potential for additional productivity.

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