Exhibit 10.01

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MODIFICATION AND EXTENSION TO AMENDED PARTICIPATION AGREEMENT
AMENDED APRIL 30, 2015
(Turnkey Drilling, Re Entry, and Multiple Wells)

This Modification and Extension to Amended Participation Agreement dated April
30, 2015 amending the March 26, 2014 Modification and Extension to Amended
Participation Agreement is in accordance with Exhibit “B” of an *Asset Purchase
Agreement made and entered into as of January 21, 2014, the Effective Date
(“Effective Date”), by and among Shale Corp., a corporation organized under the
laws of the Province of Ontario in Canada with its principal place of business
located at 365 Bay St, Suite 400, Toronto On, M5H 2V1(the “Company”), and the
Investor acting as Mondial Ventures, Inc., along with approvals from Success Oil
Co., Inc., its Operator and Partner, EGPI Firecreek, Inc. via its wholly owned
subsidiary Energy Producers, Inc., Partner, and TWL Investments, aLLC, investing
participants, herewith amend, modify and extend the following provision to the
January 21, 2014 Amended Participation Agreement (please see *Asset Purchase
Agreement included as Exhibit A in the Exhibit 10.1 to a Current Report on Form
8-K filed by Mondial Ventures, Inc. with the Securities and Exchange Commission
on April 3, 2014):

Section II. paragraph one shall be modified and extended to read:
 

II.
Consideration
 
 
Participants shall deliver to Operator Participant’s share of the Turnkey Cost
to Casing Point for drilling of the first Prospect Well, and the first Program
initiated from successful financing will be for the Ellenburger Prospect Well
formation at approximately 8,300 foot depth, as provided for in this Agreement
and listed as follows in this section II. 1) below within a reasonable time
after the execution and effective date of this Agreement not to exceed the
period ending May 31, 2015, unless mutually extended by all parties to this
Agreement in writing to be attached hereto. In addition, if the Turnkey Costs
are delivered for the first Prospect Well listed in II. 1) below, the parties
agree to extend timing for agreed participation up to two years but no less than
one year. A draft for formal terms will be then delivered by participant 1 in
coordination with Success for acceptance by the parties.
 
 
Agreed this 30th day of April, 2015 by the undersigned:
 
 
 
Mondial Ventures, Inc.
Success Oil Co., Inc.
TWL Investments, a LLC
     
 
/s/Dennis R Alexander
 
/s/Jeru M. Morgan
 
/s/Larry W. Trapp
President and CEO
President and CEO
Managing Director
     
Energy Producers, Inc., a wholly owned Subsidiary of EGPI Firecreek, Inc.
         
/s/Dennis R Alexander
   
Dennis R. Alexander
   
President and CEO
   

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