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Last Post: 2/24/2021 10:01:55 PM - Followers: 41 - Board type: Free - Posts Today: 0

 

Molori Energy

In the present day environment for energy, many companies are struggling with high debt loads incurred several years ago, while assembling oil production and exploration acreage when oil crested $100/bbl (“WTI”).  In addition to these oil companies, many individual owners of acreage, along with regional banks active in the energy sector, are on the cusp of bankruptcy or insolvency as a result of poor loans and/or bad credits.
 
It is in this environment that Molori is seizing the opportunity 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.  The Company has already proven itself capable of securing such assets at deep, deep discounts to what those assets sold for only a few years ago.
 
Better yet, Molori has demonstrated that it can make these acquisitions with little or no dilution to existing shareholders, and through forward sales of the resulting production, provide itself with capital to continue to roll-up or assemble profitable oil-producing acreage.


Molori is thriving in an environment of low oil prices. The fact that Molori has no debt, has positioned the company extremely well to benefit from the continuing rebound in oil prices. Having no debt and cash on hand, is crucial to Molori's strategy to acquire assets and production during this period of low energy prices

 

 

Texas Hugoton & Panhandle Field

 
On June 6, 2016, Molori Energy Inc closed on the purchase of a 25% working interest in the oil and gas production from certain leases owned by Texas-based Ponderosa Energy, LLC. In conjunction with the purchase (see Molori Energy Inc. press release dated June 2, 2016), Molori committed USD
$1,000,000 in working capital towards a program to complete workovers on the Texas-based leases in order to increase production.

Ponderosa, a domestic USA oil and gas production company, is the operator on the leases and is presently focused on aggregating and developing shallow conventional oil reserves in Texas.

Ponderosa purchased these leases from distressed operators with highly-leveraged balance sheets and an inability to fund operations.

Molori and Ponderosa have chosen to collectively pursue assets which specifically exhibit the following properties: shallow reservoir, low geologic risk, moderate decline rates, and existing infrastructure.

The focus of Molori and Ponderosa’s activities has been in the “Hugoton-Panhandle” field in Northern Texas.

The Hugoton-Panhandle field was the largest gas field in North America until the development of unconventional shale. The Anadarko Basin, which houses the Hugoton-Panhandle field, has produced over 125 trillion cubic feet of gas and 5.4 billion barrels of oil. Since the discovery of the Hugoton-Panhandle field in 1922, thousands of wells have been drilled to date. Due to the vast historical drilling and production data, there is a low geological risk associated with oil and gas development. The maturity of the field is crucial to Molori’s strategy of building reserves and resources, as decline rates are typically under 5% (year over year). Lastly, the liquids rich natural gas in this area, commands a premium over spot gas pricing. For these reasons, Molori is focused upon buying additional assets in this area.

?In aggregate, Molori has a 25% interest in the approximately 250 wells purchased by Ponderosa. Molori Energy Inc is continuing to back the Ponderosa as it fulfills its operational obligations in redeveloping non-operating wells and bringing them back into production.

 
Our Strategy 

Molori is pursuing a course that’s focused on profitable, predictable and steady performance. Management’s primary goal is to enhance shareholder value through the growth of underlying proven reserves with an emphasis on positive cash flow.

Acquire

  • Access to Capital Markets
    Strong Balance Sheet
    Experienced Team
 
Picture
 

Exploit

  • Invest in Technology
    Workovers
    Tight Cost Controls
 
Picture
 

Explore

  • Acquire More Acreage on Favorable Terms
    Proven Jurisdictions
    Local Partners

?Molori’s strategy is to build a production and exploration company of scale with a focus on conventional onshore oil and gas assets.
 
The Company intends to develop its acreage in the Texas Panhandle region which covers an area of 5,801 net acres, and has been independently assessed to have 15 mmboe of 2P reserves.
 
The Company is also aggressively pursuing opportunities to expand its presence in the U.S.A and other reliable jurisdictions in order to create further value for shareholders.
Acquire Undercapitalized
?Assets
Picture
 
Increase
Reserve
?Value
Picture
 
 
Lower
?Costs
 
Picture
 
Manage
?Liabilities
Picture
 
Build
?The Future

 

Our Vision 

We take our commitment to our business seriously. Our approach is to create value for our shareholders by focusing on oil production in safe and proven hydrocarbon-prone jurisdictions. Our stated objective is to consistently grow our resources, reserves and cash flows, with minimal shareholder dilution.
 

Our Values 

As we focus on resource development, we are aware that many of our activities take place in, or near sensitive environments. That’s why we are committed to increasing efficiency and minimizing environmental impact as we contain our costs. We actively encourage and ensure that our operating partners follow industry best practices, and we support them in their efforts to consult with and engage local stakeholders.

Our Objectives


    Maintain a strong balance sheet to ensure financial flexibility in any oil price environment
    Purchase assets when oil prices drop, and employ an attractive derivatives program to protect cash flow as energy prices firm
    Deliver economic production and reserve growth from our oil and gas assets
    Remain open to partnering with, or even be acquired by other growth-oriented, like-minded or domestically-focused production companies

 


 

Mar 3, 2017 Molori Energy Inc. Acquires Additional Production ACCESSWIRE
Mar 1, 2017 Molori Energy Inc. Provides Operational Update and Year-End Results ACCESSWIRE
Feb 24, 2017 Molori Energy Inc. to Begin Trading on OTCQB Press Release
Feb 23, 2017 Molori Announces Closing of Private Placement Press Release
Feb 22, 2017 OTC Markets Group Welcomes Newly Verified OTCQB Companies – February 22 Announcement
Feb 16, 2017 Molori Announces Private Placement Offering Press Release
Feb 15, 2017 Molori Energy Launch New Website Press Release
Jan 5, 2017 Taipan Changes Its Name to Molori Energy Inc. Press Release


MOLOF Security Details

Share Structure
Market Value1 $3,876,665 a/o Mar 06, 2017
Outstanding Shares 18,548,638 a/o Jan 17, 2017
 
Molori Energy Inc.
#2630 - 1075 W. Georgia Street
Vancouver, British Columbia, 
V6E 3C9, Canada
Tel: +1 604 336 3195
?info@molorienergy.com

 
Transfer Agent
Computershare Trust Company of Canada
510 Burrard Street
Vancouver BC V6C 3A8
Tel: +1 604-661-9400
www.computershare.com

 

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PostSubject
#1774   Lol! Thank you for waiting patiently lol! happyglass 02/24/21 10:01:55 PM
#1773   Joy is what's left over, when you Burn sky7777 02/24/21 10:45:04 AM
#1772   That artical was one of the most well sky7777 02/24/21 10:38:39 AM
#1771   From today https://www.networknewswire.com/de/beyond-tobacco-taat-innovation-del Al 100 02/24/21 09:31:02 AM
#1770   Starting this week, a nationwide consumer packaged goods Al 100 02/23/21 05:24:57 PM
#1769   the "FUN" has barely yet begun happy. Welcome hiroller12x 02/23/21 05:07:22 PM
#1768   Lol! Yes, more of a cup runneth happyglass 02/23/21 04:56:51 PM
#1767   if you please, I could use a bit hiroller12x 02/23/21 04:56:15 PM
#1766   Lol! I love a good mystery and you happyglass 02/23/21 04:53:33 PM
#1765   https://www.theglobeandmail.com/investing/markets/stocks/TAAT-CN/pressreleases/1 Al 100 02/23/21 04:25:20 PM
#1764   they're f'ing running into each other not knowing hiroller12x 02/23/21 03:51:58 PM
#1763   Love it, added 2K more today at about rigdowntex 02/23/21 03:41:28 PM
#1762   lolol..touche sky... still roflmao and peed my britches. hiroller12x 02/23/21 03:22:00 PM
#1761   So you're the Half-Full Happy Glass?...Bo sky7777 02/23/21 03:13:11 PM
#1760   but the coup de gras is..."what will be" hiroller12x 02/23/21 03:10:03 PM
#1759   This is what we wanna see, more and Al 100 02/23/21 02:36:31 PM
#1758   Starting this week, a nationwide consumer packaged Al 100 02/23/21 02:31:05 PM
#1757   TAAT is a PHOENIX that will emerge from hiroller12x 02/23/21 02:15:51 PM
#1756   ooooo-weeeee this is shaping up to be a hiroller12x 02/23/21 09:53:28 AM
#1755   Was not inferring (as you know) that you hiroller12x 02/23/21 08:51:37 AM
#1754   TAAT being hacked up by in Germany (on hiroller12x 02/23/21 07:09:48 AM
#1753   https://markets.qtrade.ca/news/story?t=iKXJizM-dSY,RBgdWBB-F545YOUB9ZO7jk8sFL3DN happyglass 02/23/21 12:15:45 AM
#1752   Im not all in here, you know me happyglass 02/22/21 11:54:42 PM
#1751   hey happy...I'm now certain that you have the hiroller12x 02/22/21 06:47:18 PM
#1750   "New online ecommerce TAAT store now active 24-7-365" !! hiroller12x 02/22/21 05:47:21 PM
#1749   I am holding TAAT long and strong! happyglass 02/22/21 02:01:49 PM
#1748   News another during first weekend 100.000 CAD https://taatglobal.com/2021/02/22/ Al 100 02/22/21 03:40:20 AM
#1747   Potcasts with Setti https://podcasts.google.com/feed/aHR0cHM6Ly9hY3Rpb25hbmRhbWJ Al 100 02/22/21 03:18:06 AM
#1746   next round number on our way to double digits! hiroller12x 02/21/21 07:49:17 PM
#1745   I wouldnt be surprised of we see 5$ Al 100 02/21/21 07:38:51 PM
#1744   Gonna see the fomo begin to roll from hiroller12x 02/21/21 06:29:30 PM
#1743   finally got a smoker to say it on hiroller12x 02/21/21 09:34:04 AM
#1742   Quit Smoking with TAAT Beyond Tobacco - Day 3 rigdowntex 02/21/21 08:44:37 AM
#1741   would have wished for more than 20 states hiroller12x 02/20/21 06:14:50 PM
#1740   Huh ?.....‚ÄúCalifornia is an agricultural state, and why nowwhat2 02/20/21 06:11:57 PM
#1739   buying opportunity Monday morning?...hmmm. Wonder how much I hiroller12x 02/20/21 02:53:11 PM
#1738   can hardly wait for the next update about hiroller12x 02/20/21 01:18:30 PM
#1737   THE GUN SOUNDS and TAAT bolts out of hiroller12x 02/19/21 06:17:08 PM
#1736   some have said (on other boards) were going hiroller12x 02/19/21 06:03:44 PM
#1735   And "somebody" bought $3500 worth, online? Hmmmm.... scaryharrysafari 02/19/21 04:38:28 PM
#1734   News is out https://taatglobal.com/2021/02/19/following-e-commerce-launch-taat-s Al 100 02/19/21 04:18:48 PM
#1733   Yessss green close Al 100 02/19/21 04:07:25 PM
#1732   Yes i think the Management will wait at Al 100 02/19/21 02:37:13 PM
#1731   low volume...consolidating after a couple pretty good hits... hiroller12x 02/19/21 01:38:27 PM
#1730   new store update as of 2/18....127 stores hiroller12x 02/19/21 11:56:43 AM
#1729   Yes! scaryharrysafari 02/19/21 09:46:14 AM
#1728   BAM...TAAT hits $4.20 usd. Island gap closed shs?? hiroller12x 02/19/21 09:42:32 AM
#1727   Have you seen the taat bottle behind Joe? Al 100 02/19/21 01:55:37 AM
#1726   an absolute 'brain' in this field and an hiroller12x 02/18/21 09:25:56 PM
#1725   Another one https://twitter.com/joe_deighan/status/1362521033350111234?s=21 Al 100 02/18/21 09:22:09 PM
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