Mondial Ventures, Inc. announced the funding and initiation of a workover and development program to increase production on their recently acquired working interest in the oil producing property J.B. Tubb Leasehold Estate/Amoco Crawar Field. As previously announced on August 2, 2012, the Company plans to immediately increase and stabilize oil and natural gas production, with additional anticipated oil production increases as the remedial work programs progress. The funding has been secured to provide for perforating into the new untapped Glorieta Formation in the Crawar #2 well in West Texas.

This area is a proven behind pipe oil & gas zone at the target depth of 3900 ft. Upon completion of the perforations being shot, the well will be acidized immediately and put back onto production. It is expected the Company may frac the well in the near future.

The properties operator, Success Oil Inc, estimates usual recoverable amounts of up to 75,000 bbls. of oil and 100,000 mcf of natural gas for this formation's pay zone.