$MOLOF ~ Molori Energy Inc. is an oil and gas production company with current operations in the Texas Panhandle. Founded in 2011, the experienced management team is aggressively acquiring select properties which provide immediate cash flow and development opportunities, now and in the years ahead. Molori is seizing the opportunity, in the current oil & gas environment, to assemble oil and gas production in nearby and politically safe jurisdictions. Molori is pursuing a business plan, whereby the Company either purchases producing oil and gas assets at highly attractive rates, or in some cases simply takes on existing assets by way of purchasing or assuming default notes from small regional lenders and institutions.
Recently announced 420% increase in reserves and only 18M O/S!
Joel Dumaresq, CEO of Molori commented, "we are extremely pleased with the operational results of our investment in the Texas panhandle. A 600% increase in production and a 420% increase in reserves is in itself proof of concept for our businesses strategy. Capital together with good management and a calculated acquisition and development plan, has proved highly successful to date."
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