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Molori Energy Inc.

11:15 AM EST - Molori Energy Inc. : Announced today that the Company has signed an LOI to purchase a 100% working interest of which Molori will be the operator of record in an additional approximately 5,100 gross acres of land in Moore, Potter and Carson Counties, north Texas. Molori Energy Inc. shares V.MOL are trading down $0.01 at $0.27.