TAAT Global Alternatives Inc. (TOBAF)

[Prince Goro]

MOLOF offering pure play here.

So we know that serious money is coming back to the Red Cave formation. How to take advantage? MOLORI ENERGY INC COM NPV (OTCMKTS:MOLOF) owns outright, or has optioned, over 4,000 acres with exposure to the Red Cave formation. Their largest lease is named “Mother Goose” while another lease is named “Thompson”. Joel Dumaresq, Molori’s CEO, is expecting two wells to be completed on the Mother Goose and Thompson leases by the end of this month. Molori’s bankers, Casimir Capital, have sourced over $100 million in investments for oil and gas producers with an asset profile similar to Molori Energy. At the last shareholder conference call, Casimir claimed that most of the wells drilled in this area produce around 50 barrels per day with a payback period of six months to a year. A review of the Texas Railroad Commission records seems to indicate that its likely Casimir could be referencing the Red Cave wells owned by Adams Affiliates, Inc. This could explain the massive investment that Empire Petroleum is willing to make.