Molori Energy Inc. (TSX: V.MOL, OTCQB: MOLOF, Forum) is a junior oil-producer with established production and reserves in the Texas Panhandle. The Stockhouse audience is rapidly becoming familiar with the Molori story.
On June 1st, Stockhouse published a feature article on the Company. That original piece pointed to MOL’s strong growth profile in both production and revenues since it started working its Panhandle leases. More importantly, investors were alerted to the additional blue-sky potential, Molori’s low risk exploration drill program for these operations.
I spoke with Molori’s CEO Joel Dumaresq on July 17th where we got an update on what Molori has dubbed “a Company game-changer”: the Red Cave exploration drill program. In addition, Molori’s CEO summarized the compelling metrics on the Red Cave formation.
Today, Joel Dumaresq is back, having announced on August 9th that the first of MOL’s three Red Cave wells was permitted and will soon be spudded with results anticipated by the end of August. As MOL launches its much-anticipated Red Cave drilling, Molori’s CEO is here to provide greater detail on the next step in the Company’s Texas growth strategy.
molorienergy.com
For more information on Molori Energy Inc. please contact:
Judy-Ann Pottinger, Director of Communications
Email: judy-ann@molorienergy.com
Direct: 604-617-5290
FULL DISCLOSURE: Molori Energy Inc. is a paid client of Stockhouse Publishing.