The oil industry is becoming an ever more-challenging sector in which energy companies must navigate. Price volatility continues to increase and supply/demand fundamentals seem to change almost month to month.
In such an environment, it requires an experienced and astute management team to adapt to such market conditions. Molori Energy is an oil company which has demonstrated the capacity to adapt to whatever operational challenges it faces.
Molori has recently established itself in the Texas oil...
The oil industry is becoming an ever more-challenging sector in which energy companies must navigate. Price volatility continues to increase and supply/demand fundamentals seem to change almost month to month.
In such an environment, it requires an experienced and astute management team to adapt to such market conditions. Molori Energy is an oil company which has demonstrated the capacity to adapt to whatever operational challenges it faces.
Molori has recently established itself in the Texas oil environment. This move was facilitated through choosing a strong operational partner. The company has seen tremendous growth in production and revenue, rising 900% and 580% respectively from May 2016 to May 2017.
Molori is now seeking much more lucrative production from its Texas leases via “fracking” – in a geological formation known as the Red Cave. But successfully navigating current conditions in the oil market means more than just managing operations. It is also necessary for 21st century oil companies to be able to manage oil prices.
In June, the Company reiterated and discussed its long standing hedging strategy. Energy companies adopt hedges to mitigate the business risks associated with energy price volatility. Stockhouse recently had the chance to speak with Molori Energy, and learn more about the Red Cave and the Company’s updated hedging strategy.
The oil industry is becoming an ever more-challenging sector in which energy companies must navigate. Price volatility continues to increase and supply/demand fundamentals seem to change almost month to month.
In such an environment, it requires an experienced and astute management team to adapt to such market conditions. Molori Energy is an oil company which has demonstrated the capacity to adapt to whatever operational challenges it faces.
Molori has recently established itself in the Texas oil environment. This move was facilitated through choosing a strong operational partner. The company has seen tremendous growth in production and revenue, rising 900% and 580% respectively from May 2016 to May 2017.
Molori is now seeking much more lucrative production from its Texas leases via “fracking” – in a geological formation known as the Red Cave. But successfully navigating current conditions in the oil market means more than just managing operations. It is also necessary for 21st century oil companies to be able to manage oil prices.
In June, the Company reiterated and discussed its long standing hedging strategy. Energy companies adopt hedges to mitigate the business risks associated with energy price volatility. Stockhouse recently had the chance to speak with Molori Energy, and learn more about the Red Cave and the Company’s updated hedging strategy.
FULL DISCLOSURE: Molori Energy Inc. is a paid client of Stockhouse Publishing.
View more
