Molori Spuds Red Cave Appraisal Well – 12/13/2017

Borger, Texas — (Newsfile Corp. – December 13, 2017) Molori Energy Inc. (TSXV: MOL) (OTCQB: MOLOF) (“Molori” or “the Company”) is pleased to announce the spudding of a Red Cave appraisal well (“The well or “Well””). At the same time, the Company has secured an additional 50 percent working interest bringing its holding in aggregate to a 75 percent working interest in two highly prospective leases in Moore County, Texas.