Mondial Ventures, Inc. announced the first production results from the successful workover on the J.B. Tubb Leasehold, Crawar #2 well in West Texas. On August 28, 2012, the company reported the funding had been secured to provide for perforating into the new untapped Glorieta Formation in the Crawar #2 well. The success of the workover resulted in 1,700 Barrels of Oil and 8 Million Cubic Feet of Natural Gas being produced during the month of September.

The Glorieta formation is a proven behind pipe oil & gas zone. The properties operator, Success Oil Inc., estimates usual recoverable amounts of up to 75,000 bbls. of oil and 100,000,000 cf of natural gas for this formation's pay zone.

The initial results were from free flowing liquids. It is expected the Company will put the well on pump to stabilize ongoing production levels and may frac the well in the near future to further increase production.