Molori Energy Inc., formerly Taipan Resources Inc., is a Canada-based oil and gas production company. The Company is engaged in the business of consolidating producing oil and gas asset blocks in hydro carbon producing regions. The Company has approximately 25% working interest in approximately 60 oil and gas leases owned by Ponderosa Engergy, LLC. These leases cover over 7,310 acres, and are located in the bifurcated Texas Panhandle. The Company, through its subsidiary, Lion Petroleum Corp., also has approximately 20% non-operated interest in Block 1 and a 100% operated-interest in Block 2B onshore Kenya.