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homey_g

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homey_g

Re: jedijazz post# 541

Wednesday, 04/19/2017 9:54:54 AM

Wednesday, April 19, 2017 9:54:54 AM

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$MOLOF had a great news last week!

Proceeds of the financing will be used to fund the acquisition of certain leases owned and operated by Ponderosa Energy, LLC (See 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.

Molori holds a 25% working interest in certain leases owned by Borger, Texas based Ponderosa Energy. For further detail on the Red Cave opportunity, consult Molori Energy's website at www.molorienergy.com.


https://finance.yahoo.com/news/molori-energy-plans-drill-red-125600583.html

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