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Re: jedijazz post# 576

Thursday, 04/20/2017 3:38:12 PM

Thursday, April 20, 2017 3:38:12 PM

Post# of 3740
With an O/S like that, $MOLOF moves on air.

The core focus of the Molori/Ponderosa partnership remains old field redevelopment that has already resulted in production increase from 40 barrels of oil equivalent ("BOEPD")* since June 2016 to over 400 BOEPD now, an increase in 1P (Total Proven Reserves) from USD $5.15 million to USD $26.9 million as outlined in an updated NI 51-101 reserve report effective January 1, 2017.