Molori Energy Inc. announced that it has drilled to target depth the first of eight planned Red Cave Appraisal wells upon the company's Moore County, Texas acreage upon which Molori now holds a 75% working interest. The 23-1R well was drilled to a total measured depth of approximately 2,500 feet and was immediately logged. After evaluating the open hole logs late last month, it was determined that production pipe should be run on the Thompson 23-1R. The `targeted' Red Cave zone covered 255 gross feet, of which 48 net feet was perforated. 42,000 gallons of treated water, chemical and ball sealers were used to break down the approximately 50 feet of pay in order to prepare for the frac of the Red Cave zone. On January 20th the well was successfully fracked with approximately 400,000 gallons of slick water and 250,000 lbs of sand.