Molori Announces Closing of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 15, 2017) - Molori Energy Inc. (TSXV: MOL) (OTCQB: MOLOF) ("Molori" or the "Company") is pleased to announce the closing of a non-brokered private placement offering (the "Private Placement") announced on April 11, 2017. The Private Placement closed at 7,000,360 units ("Units") at a price of $0.30 per Unit for a total of $2,100,108. Each Unit will be comprised of one common share and and half common share purchase warrant. Each...
2017-05-15 7:00 AM EDT
Molori Energy Publishes Updated NI 51-101 Report Demonstrating Further Growth in Reserves
Vancouver, British Columbia--(Newsfile Corp. - May 4, 2017) - Molori Energy Inc. (TSXV: MOL) (OTCQB: MOLOF) ("Molori" or the "Company") is pleased to provide an operational and National Instrument 51-101 reserve report ("NI 51-101") update.Molori currently owns a 25 percent working interest in certain leases located in the bifurcated Texas panhandle owned by Texas-based independent oil and gas producer Ponderosa Energy, LLC ("Ponderosa"). This latest NI 51-101 covers 77 of the leases in which...
2017-05-04 8:00 AM EDT
Molori Energy Plans To Drill Red Cave Formation; Announces Private Placement Offering
Vancouver, British Columbia--(Newsfile Corp. - April 11, 2017) - Molori Energy Inc. (TSXV: MOL) (OTCQB: MOLOF) ("Molori" or the "Company") is pleased to announce that its partner, Ponderosa Energy LLC, has optioned an undivided interest in approximately 4,000 acres with Red Cave rights in Moore County, Texas. The new leases are within a 30 minute drive of its other Panhandle properties, but offer significant blue sky development opportunities. The Red Cave formation, an historically...
2017-04-11 8:50 AM EDT
Molori Energy Adds To Production
Vancouver, British Columbia--(Newsfile Corp. - March 23, 2017) - Molori Energy Inc. (TSX-V: MOL) (OTCQB: MOLOF) ("Molori" or the "Company") is pleased to announce that as part of its continuing re-development program, the Company has, in the past 60 days, successfully returned to production the State A and State C leases in Hutchinson County, Texas. The total portfolio of available well inventory in these leases is 42 oil wells and 12 gas wells (total of 54 wells). Of the 54...
2017-03-23 5:00 AM EDT
Molori Energy Publishes Updated NI 51-101 Report and Demonstrates 420% Increase in Reserves
Vancouver, British Columbia--(Newsfile Corp. - March 13, 2017) - Molori Energy Inc. (TSXV: MOL) (OTCQB: MOLOF) ("Molori" or the "Company") is pleased to provide an operational and National Instrument 51-101 reserve report ("NI 51-101") update.Molori currently owns a 25 percent working interest in certain leases located in the bifurcated Texas panhandle owned by Texas-based independent oil and gas producer Ponderosa Energy, LLC ("Ponderosa"). This latest NI 51-101 covers 66 of the leases in...
2017-03-13 8:00 AM EDT
Molori Energy Inc. Acquires Additional Production
Vancouver, British Columbia--(Newsfile Corp. - March 3, 2017) - Molori Energy Inc. (TSXV: MOL) (OTCQB: MOLOF) ("Molori" or the "Company") is pleased to report that it has entered into an agreement to acquire a 25% working interest in certain leases owned and operated by Ponderosa Energy, LLC. This acquisition is in addition to the 25% working interest in certain leases acquired on June 6, 2016 and further builds Molori's interest in the Texas Panhandle region to 79 leases.The additional...
2017-03-03 9:29 AM EST
Molori Energy Inc. Provides Operational Update and Year-End Results
Vancouver, British Columbia--(Newsfile Corp. - February 28, 2017) - Molori Energy Inc. (TSXV: MOL) (OTCQB: MOLOF) ("Molori" or the "Company") is pleased to report the release of its annual consolidated financial statements and the notes the year ended October 31, 2016, together with the auditors' report thereon (the "2016 Financial Statements") and the related management's discussion and analysis for the year ended October 31, 2016 (the "2016 MD&A"). The 2016 Financial Statements and 2016...
2017-02-28 10:03 PM EST
Molori Energy Inc. to Begin Trading on OTCQB
Vancouver, British Columbia--(Newsfile Corp. - February 24, 2017) - Molori Energy Inc. (TSXV: MOL) (OTCQB: MOLOF) ("Molori" or the "Company") is pleased to announce that the Company has been verified to trade on OTCQB®, the venture marketplace for entrepreneurial and development stage companies operated by OTC Markets Group. Trading commenced on February 22, 2017 under the symbol "MOLOF". U.S. investors can find current financial disclosures and Real-Time Level 2 quotes for the company on...
2017-02-24 8:00 AM EST
Molori Announces Closing of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - February 23, 2017) - Molori Energy Inc. (TSXV: MOL) ("Molori" or the "Company") is pleased to announce the closing of a non-brokered private placement offering (the "Private Placement") announced on February 16, 2017. The Private Placement closed at 3,000,000 units ("Units") at a price of $0.10 per Unit for a total of $300,000. Each Unit will be comprised of one common share and one common share purchase warrant. Each full warrant gives...
2017-02-23 7:18 PM EST
Molori Announces Private Placement Offering
Vancouver, British Columbia--(Newsfile Corp. - February 16, 2017) - Molori Energy Inc. (TSXV: MOL) ("Molori" or the "Company") is pleased to announce a non-brokered private placement offering (the "Private Placement") of up to 3,000,000 units ("Units") at a price of $0.10 per Unit to raise aggregate gross proceeds of up to $300,000. Each Unit will be comprised of one common share and one common share purchase warrant. Each full warrant gives the holder the right to purchase one...
2017-02-16 5:53 PM EST
Molori Energy Launch New Website
Vancouver, British Columbia--(Newsfile Corp. - February 15, 2017) - Molori Energy Inc. (TSXV: MOL) ("Molori" or the "Company") pleased to announce that the Company has launched a new website which can be located at www.molorienergy.com.Over the next several weeks, additional enhancements and improvements will be coming to the site, which will assist as management communicates the progress that has been achieved since refocusing the Company on oil and gas production.On June 2, 2016, the...
2017-02-15 7:01 AM EST
Taipan Changes Its Name to Molori Energy Inc.
Vancouver, British Columbia--(Newsfile Corp. - January 5, 2017) - Taipan Resources Inc. (TSXV: TPN) is pleased to announce that it has changed its name to "Molori Energy Inc."("Molori" or "the Company"). As the Company advances its business model in oil and gas production in Texas, the core business has shifted from oil and gas exploration to oil and gas production. Management believes our new name better reflects the core business activities of the company. Effective at the opening of the...
2017-01-05 4:15 PM EST
Taipan Announces Closing of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - November 10, 2016) - Taipan Resources Inc. (TSXV: TPN) ("Taipan" or the "Company") is pleased to announce that the Company has closed the non-brokered private placement offering (the "Private Placement") announced on November 1, 2016. The Private Placement closed at total $400,000 or 8,000,000 units ("Units") at a price of $0.05 per Unit.Each Unit will be comprised of one common share and one common share purchase warrant. Each full warrant gives...
2016-11-10 7:57 PM EST
Taipan Announces Private Placement Offering
Vancouver, British Columbia--(Newsfile Corp. - November 1, 2016) - Taipan Resources Inc. (TSXV: TPN) ("Taipan" or the "Company") is pleased to announce a non-brokered private placement offering (the "Private Placement") of up to 8,000,000 units ("Units") at a price of $0.05 per Unit to raise aggregate gross proceeds of up to $400,000. Each Unit will be comprised of one common share and one common share purchase warrant. Each full warrant gives the holder the right to purchase one...
2016-11-01 9:00 AM EDT
Taipan Closes Agreement to Buy a 25% Working Interest in Oil and Gas Leases in Texas Panhandle
Vancouver, British Columbia--(Newsfile Corp. - June 2, 2016) - Taipan Resources Inc. (TSXV: TPN) ("Taipan" or the "Company") is pleased to announce that it has closed its acquisition of a twenty five percent (25%) working interest in in fifty seven (57) oil and gas leases covering 7,314 acres located in the bifurcated Texas Panhandle (the "Transaction"). Taipan purchased its 25% working interest from Ponderosa Energy, LLC ("Ponderosa") for the sum of US$500,000. In addition, Taipan has...
2016-06-02 8:00 AM EDT
Taipan Enters into an Agreement to Buy a 25% Working Interest in Oil & Gas Leases in Texas Panhandle
Vancouver, British Columbia--(Newsfile Corp. - May 9, 2016) - Taipan Resources Inc. (TSXV: TPN) ("Taipan" or the "Company") is pleased to announce that it has entered into a Working Interest Assignment Agreement with Ponderosa Engergy, LLC ("Ponderosa") to purchase a twenty five percent (25%) working interest in Ponderosa's 100% working interest in fifty seven (57) oil and gas leases covering 7,314 acres located in the bifurcated Texas Panhandle (the "Transaction"). Taipan will purchase its...
2016-05-09 12:27 PM EDT
Taipan Announces Election of a New Board of Directors and Appoints New Officers
Vancouver, British Columbia--(Newsfile Corp. - April 7, 2016) - Taipan Resources Inc. (TSXV: TPN) ("Taipan" or the "Company") is pleased to announce at its annual general meeting of shareholders held on Tuesday April 5, 2016 that the shareholders have elected a new board of directors for the Company. The outgoing board of directors cease to hold office as of April 05, 2016 and the newly elected two (2) directors, namely Mr. John Cumming and Mr. Kevin Ma, together with...
2016-04-07 5:52 PM EDT
Taipan Resources Inc. Cancels Acquisition of Interest in Salam Block, Pakistan
Vancouver, British Columbia--(Newsfile Corp. - December 14, 2015) - Taipan Resources Inc. (TSXV: TPN) (OTCQX: TAIPF) ("Taipan" or the "Company") announces that it will not be proceeding with the proposed acquisition of a 50% interest in BLOCK 2769-13 (the "Salam Block") from Petroleum Exploration (PVT) Ltd., which was the subject of the non-binding letter of intent described in Taipan's press release of August 10, 2015."It is unfortunate that we could not complete this transaction," remarked...
2015-12-14 8:00 AM EST
Taipan Resources Inc. Shares to Re-commence Trading on TSXV
Vancouver, British Columbia--(Newsfile Corp. - September 22, 2015) - Taipan Resources Inc. (TSXV: TPN) ("Taipan" or the "Company") is pleased to announce that, further to the Company's news release dated September 17, 2015 announcing the consolidation of its issued and outstanding common shares on the basis of one new common share for every ten common shares then issued and outstanding, the Company's common shares will re-commence trading on the TSX Venture Exchange on a consolidated basis at...
2015-09-22 6:49 PM EDT
IIROC Trade Resumption - Taipan Resources Inc.
Vancouver, British Columbia--(Newsfile Corp. - September 22, 2015) - Trading resumes in: Company: Taipan Resources Inc.
2015-09-22 4:11 PM EDT