Molori Energy - Production, Reserves, Blue Sky

Joel Dumaresq the CEO of Molori Energy sits down with Maurice Jackson of Proven and Probable to discuss a very, very unique value proposition in Oil and Gas. In this episode Mr. Dumaresq conveys how Molori Energy has had the courage and conviction the past 18 months to deliver their existing shareholders a 10 fold increase in less than 12 months! Joel, shares the laborious efforts that Molori Energy has put into production by increasing from 40 barrels to 400 barrels a day and how that has contributed to increasing their Reserves from $5 Million to $30 Million. This has been accomplished on 120 PDP’s with an additional 350 NPDP’s in inventory that are in the recompletion process that will significantly add to the their production! But that is only half the story. Molori Energy is also exploring and they may have stumbled upon what maybe one of the BIGGEST new exploration plays onshore in the US, known as the Red Cave Formation! Should Molori Energy answer the unanswered questions with a yes then we are on to something special from a valuation standpoint. This is a must listen for value investors! www.molorienergy.com website: https://www.provenandprobable.com youtube: https://www.youtube.com/c/provenandprobable twitter: https://twitter.com/provenprobable