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homey_g

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homey_g

Re: iamnottheone post# 495

Wednesday, 04/12/2017 9:57:12 AM

Wednesday, April 12, 2017 9:57:12 AM

Post# of 3740
Yes, the $MOLOF news yesterday was better than the action yesterday would show...

The core focus of the Molori/Ponderosa partnership remains old field redevelopment that has already resulted in production increase from 40 barrels of oil equivalent ("BOEPD")* since June 2016 to over 400 BOEPD now, an increase in 1P (Total Proven Reserves) from USD $5.15 million to USD $26.9 million as outlined in an updated NI 51-101 reserve report effective January 1, 2017.

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