$MOLOF Joel Dumaresq, CEO of Molori commented, "

$MOLOF Joel Dumaresq, CEO of Molori commented, "we are extremely pleased with the operational results of our investment in the Texas panhandle. A 600% increase in production and a 420% increase in reserves is in itself proof of concept for our businesses strategy. Capital together with good management and a calculated acquisition and development plan, has proved highly successful to date." Molori will continue to work alongside Ponderosa, with the goal to acquire and develop additional leases in hopes to increase production and reserves while keeping lease operating expenses low. http://ow.ly/CdHM309W7TT

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