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Re: homey_g post# 490

Wednesday, 04/12/2017 9:10:04 AM

Wednesday, April 12, 2017 9:10:04 AM

Post# of 3740
Proceeds of the financing will be used to fund the acquisition of certain leases owned and operated by Ponderosa Energy, LLC (See the MOLOF March 3, 2017 news release) as well as fund its 25% working interest in the continued well workover program and the drilling of the Red Cave formation.