Molori Acquires 11,000 Acres With Red Cave Access And Plans To Drill 8 Wells As Operator – 10/26/2017

Borger, Texas — (Newsfile Corp. – October 26, 2017) Molori Energy Inc. (TSXV: MOL) (OTCQB: MOLOF) (“Molori” or the “Company”) is pleased to announce the signing of a definitive agreement to secure a 75% working interest in certain oil and gas leases, known formally as the “Red Cave Leases” in District 10, Texas. The acquisition of these leases, covering 11,000 acres with access to Red Cave, and with access to other formations, is a key milestone of Phase 1 of Molori’s development plan.

Molori Strikes Deal Increasing Working Interest To 50 Percent And Securing An Additional USD $7.5 Million Interest In Reserves – 10/17/2017

Borger, Texas — (Newsfile Corp. – October 17, 2017) Molori Energy Inc. (TSXV: MOL) (OTCQB: MOLOF) (“Molori” or the “Company”) is pleased to announce the signing of a definitive agreement to purchase an additional 25% working interest in certain oil and gas leases from its Texas-based operating partner, Ponderosa Energy LLC (“Ponderosa”).