ICTY, the next MMJ stock to run!?
Followers | 306 |
Posts | 42,456 |
Boards Moderated | 0 |
Alias Born | 02/05/2008 |
Twitter Profile: | Temporarily Unavailable |
Follow on Twitter: | Follow @ Temporarily Unavailable |
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
$NGTF is trading well so far this morning!
I want to try them but the shipping to Russia might prove to be cost ineffective...lol
It is FANTASTIC News for $MOLOF...maybe she will break 0.50 today!?
It is a GREAT strategy...and a nice niche for $MOLOF!
In summary, the initial projected average production was 40 barrels of oil equivalent per day ("BOEPD")* in June 2016, when Molori made its first investment into Ponderosa. For the month of March 2017, production averaged 412 BOEPD, a ten-fold increase in daily average production. This production increase is due primarily to an aggressive work-over campaign to return non-producing wells to production, while keeping Lease Operating Expenses ("LOE") below USD$15 per barrel due to tight cost controls.
DING!
Opening Bell...let's see what $NGTF can do!
And $NGTF has some tasty products...
Check out their BLOG too!
https://buynightfood.com/blogs/news
Prepare to watch art in motion on $MOLOF today!
VANCOUVER, BC / ACCESSWIRE / May 4, 2017 / Molori Energy Inc. (MOL.V) (MOLOF) ("Molori" or the "Company") is pleased to provide an operational and National Instrument 51-101 reserve report ("NI 51-101") update.
https://finance.yahoo.com/news/molori-energy-publishes-updated-ni-122000306.html
$MOLOF will be on the top of my watchlist this morning!
Further, the initial NI 51-101 report dated April 01, 2016, resulted in USD$5.15 million of 1P (Total Proven Reserves) consisting of US$1.25 million PDP (Proved Developed Producing) and USD$2.89 million PDNP (Proved Developed non-Producing). The new updated NI 51- 101 report dated May 03, 2017, effective April 01, 2017 and prepared by Amiel David, Ph.D of PeTech Enterprises Inc, has resulted in US$30.1 million 1P (Total Proven Reserves), including USD$21.9 million in PDP and USD$8.2 million in PDNP.
The NI 51-101 was prepared in accordance with standards set out in the Canadian Oil and Gas Evaluation Handbook (the "COGE Handbook"), prepared jointly by the Society of Petroleum Evaluation Engineers (Calgary Chapter) and the Canadian Institute of Mining. Metallurgy & Petroleum (Petroleum Society).
https://finance.yahoo.com/news/molori-energy-publishes-updated-ni-122000306.html
$MOLOF is going to ROCK today on this news!
Joel Dumaresq, CEO of Molori commented, "the latest reserve report is further validation of Molori's strategy of acquiring non-producing oil wells, cost-effectively re-working those wells, and bringing them back into production. In the past 10 months, our partners at Ponderosa have increased gross PDP ("Proved Developed Producing") values from USD $1.3 million to over $21.9 million at the end of March. Molori is committed to expanding upon this core business strategy while at the same time assembling additional prospective acreage".
https://finance.yahoo.com/news/molori-energy-publishes-updated-ni-122000306.html
Amazing $MOLOF News this morning...it is on!
Further, the initial NI 51-101 report dated April 01, 2016, resulted in USD$5.15 million of 1P (Total Proven Reserves) consisting of US$1.25 million PDP (Proved Developed Producing) and USD$2.89 million PDNP (Proved Developed non-Producing). The new updated NI 51- 101 report dated May 03, 2017, effective April 01, 2017 and prepared by Amiel David, Ph.D of PeTech Enterprises Inc, has resulted in US$30.1 million 1P (Total Proven Reserves), including USD$21.9 million in PDP and USD$8.2 million in PDNP.
https://finance.yahoo.com/news/molori-energy-publishes-updated-ni-122000306.html
Check out this HUGE $MOLOF News!
VANCOUVER, BC / ACCESSWIRE / May 4, 2017 / Molori Energy Inc. (MOL.V) (MOLOF) ("Molori" or the "Company") is pleased to provide an operational and National Instrument 51-101 reserve report ("NI 51-101") update.
Molori currently owns a 25 percent working interest in certain leases located in the bifurcated Texas panhandle owned by Texas-based independent oil and gas producer Ponderosa Energy, LLC ("Ponderosa"). This latest NI 51-101 covers 77 of the leases in which Molori holds a working interest.
In summary, the initial projected average production was 40 barrels of oil equivalent per day ("BOEPD")* in June 2016, when Molori made its first investment into Ponderosa. For the month of March 2017, production averaged 412 BOEPD, a ten-fold increase in daily average production. This production increase is due primarily to an aggressive work-over campaign to return non-producing wells to production, while keeping Lease Operating Expenses ("LOE") below USD$15 per barrel due to tight cost controls.
https://finance.yahoo.com/news/molori-energy-publishes-updated-ni-122000306.html
$MOLOF News! Gets better and better!
VANCOUVER, BC / ACCESSWIRE / May 4, 2017 / Molori Energy Inc. (MOL.V) (MOLOF) ("Molori" or the "Company") is pleased to provide an operational and National Instrument 51-101 reserve report ("NI 51-101") update.
Molori currently owns a 25 percent working interest in certain leases located in the bifurcated Texas panhandle owned by Texas-based independent oil and gas producer Ponderosa Energy, LLC ("Ponderosa"). This latest NI 51-101 covers 77 of the leases in which Molori holds a working interest.
In summary, the initial projected average production was 40 barrels of oil equivalent per day ("BOEPD")* in June 2016, when Molori made its first investment into Ponderosa. For the month of March 2017, production averaged 412 BOEPD, a ten-fold increase in daily average production. This production increase is due primarily to an aggressive work-over campaign to return non-producing wells to production, while keeping Lease Operating Expenses ("LOE") below USD$15 per barrel due to tight cost controls.
https://finance.yahoo.com/news/molori-energy-publishes-updated-ni-122000306.html
I am thinking that ICTY should be on this list...
I know, right! $NGTF is a rare breed on the OTC!
Check out this funny About blog from their website (http://nightfood.com/about/)!
We know how it is. At the end of a long day, your little CraveMonster comes to visit…usually right around TV o’clock.
He’s the reason you reach for cookies, chips, or ice cream. He’s the reason you’ll eat anything and everything you’ve been avoiding all day long. He’s the reason almost half of all snacking happens between dinner and bed!
He doesn’t mean to do it…he’s actually there to help. You’re the bear about to hibernate, and CraveMonster is just trying to make sure you have enough calories to make it through the fast. He doesn’t realize when you wake up, you’ll have easy access to millions calories in your fridge, and billions once you venture out of your house and into the wild.
Unfortunately, he also doesn’t know much about health or sleep…the most efficient way to stock up on energy (calories) is by eating junk. So, that’s what the Crave Monster tries to get you to eat…sugary, fatty and salty snacks. That’s what he’s programmed to do.
Don’t tell Crave Monster NightFood is healthier and more sleep-friendly than that other stuff (that’s our secret). He just knows it’s crave-a-licious.
Feed the Crave Monster!
Seriously small Share Structure for $NGTF!
Authorized Shares 100,000,000 a/o Mar 30, 2017
Outstanding Shares 29,384,432 a/o Mar 30, 2017
Float 4,331,000 a/o Mar 30, 2017
Sounds like things are well! I have made a few changes in my life lately and some were made for me...but it's getting better.
ICTY running into the dubz0s and closer to a penny would make it all better!
Thanks bud...Please send me the link.
How you been? Been a while since we chatted.
Thank you...with all this volume I predict 3s to fall this week.
Very true, many 0.0001s have been running to 0.005 and much higher, on air. ICTY is due for it's turn. A penny here would be spectacular.
Agreed...and no AH prints, so NO DILUTION! Maybe, JUST MAYBE BW is going to get this one right!?
Go ICTY!
How many 3s were bought and what was the closing price?
Wow, didn't see that coming yet!
No...ICTY is NOT current and there is no NEWS, YET!
Now, once we see those two things and the PPS trading in the 0.005 range WITHOUT dilution...then YES!
That is fantastic! ICTY looks to be for real!
Agreed...let's see if we can get current, and get a PR out before we get too freakin' excited here!
been here for YEARS...nothing to worry about. Waiting for the RUN!
The whales were here yesterday...330M shares were bought on a stock that had NO BID!
Sounds good Mikey!
$MOLOF...
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
Agreed, $MOLOF looks good on this low volume price decline.
?Our Vision
We take our commitment to our business seriously. Our approach is to create value for our shareholders by focusing on oil production in safe and proven hydrocarbon-prone jurisdictions. Our stated objective is to consistently grow our resources, reserves and cash flows, with minimal shareholder dilution.
?Our Values
As we focus on resource development, we are aware that many of our activities take place in, or near sensitive environments. That’s why we are committed to increasing efficiency and minimizing environmental impact as we contain our costs. We actively encourage and ensure that our operating partners follow industry best practices, and we support them in their efforts to consult with and engage local stakeholders.
Agreed...$MOLOF is making money and with improved reserves, looks to be making more money soon!
Molori’s business model focuses on assets with:•High working interest
•Operational and infrastructure control
•Low geologic risk
•Low risk exploitable upside
•Low Decline Rates
•High rates of success in eturn to production well workovers
Agreed...$MOLOF has had steady volume and movement for a long time!
About Molori Energy
Molori Energy Inc. (TSX.V: MOL) 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 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.
Molori has managed to keep lease operating expenses less than $20/BOE, while being able to increase gross production from 40/BOEPD to over 400 BOEPD in only 9 months of operations.
I would take 0.002 and be happy but wouldn't 0.01 just be the bees knees!?
Go ICTY!
$MOLOF is definitely testing its resistance levels!
Ponderosa and Molori have identified a development opportunity in the Red Cave formation. The formation is prevalent throughout its leases at a shallower depth of 2,100’ to 2,300’. Improved fracing technologies and completion techniques have demonstrated the Red Cave to be an economic development target. The Red Cave has been developed since the 1950’s but was not considered to be a high value target because of inadequate historical technology. Similar to the Permian Basin, new technologies have unlocked the reservoir to generate economic reserves and production in present day.
Will be interesting to see how this day plays out...and into the future!
Go ICTY
$MOLOF holding steady...
$MOLOF is ramping up this morning!
Holy iShitty...its ICTY!
$MOLOF traded well yesterday but looking for it to bounce back up today!
Today, the Company has 165 producing (PDP) wells and an inventory of approximately 202 non-producing wells (PDNP) for a total of 367 wells. The Company will RTP ("Return To Production") the PDNP wells by performing simple re-works or re-completions which will include among other actions: replacing broken rods/tubing, steaming paraffin, performing chemical and acid treatments, repairing mechanical issues on pumpjacks, repairing flowlines, and repairing electricity and salt water disposal infrastructure. As a result, the Company has realized an average workover expense per well of approximately USD $12,000. These RTPs have demonstrated average production increases of 2.4 boepd/PDNP, resulting in an average cost per flowing bbl of USD $5,000/flowing BBL. When the assets were acquired in June 2016, the aggregate 8/8ths production was 40 BOEPD. As of February 2017, production increased to 435 BOEPD through the RTP program and acquisitions.
http://www.molorienergy.com
Awesome...Maybe, just maybe this is getting ready to roll!?