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homey_g

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homey_g

Re: None

Thursday, 05/18/2017 11:27:56 AM

Thursday, May 18, 2017 11:27:56 AM

Post# of 123782
$MOLOF trading well this morning up 14% on their news this morning!

The Company, through its partner Ponderosa Energy Inc., continued to cost-effectively re-work wells, bringing them back into production. These efforts resulted in a significant increase in production numbers as well as a significant reduction in lease operating expenses ("LOE"). The Company plans to continue to re-work between 5-10 wells per month with a focus on its productive "State" leases. This is expected to continue to add low-cost oil and gas production, while at the same time providing positive cash flow.

https://finance.yahoo.com/news/molori-energy-issues-preliminary-q2-133000803.html

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