Exhibit 10.01

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MODIFICATION AND EXTENSION TO AMENDED PARTICIPATION AGREEMENT
AMENDED SEPTEMBER 30, 2014
(Turnkey Drilling, Re Entry, and Multiple Wells)

This Modification and Extension to Amended Participation Agreement dated
September 30, 2014 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 October 31, 2014, 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 September, 2014 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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