Cardinal Energy Group Inc. (CEGX) 0.4300 $CEGX
Cardinal Energy Group, Inc. Sells Its First Texas Oil
Marketwire - Thu May 08, 5:46AM CDT
Cardinal Energy Group, Inc. ("Cardinal Energy" or "the Company"
(OTCQB: CEGX) announced that it has completed the first sale of oil from its Dawson-Conway, Powers-Sanders and Stroebel-Broyles prospects in Texas. The three prospects yielded 560 barrels of "light" (API 35-38 gravity) oil since Cardinal's recompletion program resumed the fields' production. The Company acquired its initial 85% working interest in the Dawson-Conway leases in July 2013 and acquired the remaining 15% working interest plus its interests in the Powers-Sanders and Stroebel-Broyles leases in March of 2014.The Company began to address the various issues with infrastructure and compliance with the Texas Railroad Commission regulations when it took over operatorship of all of these properties in March 2014.
Cardinal Energy Group, Inc. to Host First Quarter 2014 Earnings Call on May 19, 2014
Marketwire - Wed May 07, 5:15AM CDT
Cardinal Energy Group, Inc. (OTCQB: CEGX) announced that it will file its 10Q for the first quarter of 2014 on or before May 15th, 2014, and will host a webcast and conference call with investors at 11:30 am ET on Monday, May 19, 2013. President and CEO Tim Crawford and CFO John Jordan will discuss the company's assets, growth strategy and financial position.
Cardinal Energy Group, Inc. Sells Its California and Ohio Assets
Marketwire - Thu Apr 24, 4:45AM CDT
Cardinal Energy Group, Inc. ("Cardinal Energy" or "the Company" (OTCQB: CEGX) announced that it completed the sale of its oil and gas assets in California and Ohio to California Hydrocarbons Corporation on April 22, 2014 for 3,000,000 shares of Cardinal Energy stock held by California Hydrocarbon that will be cancelled. The Cardinal Energy common stock is valued at $2 million as of April 22, 2014. Cardinal Energy will now focus exclusively on oil and gas production in Texas.
Cardinal Energy Group, Inc. Raises $3.5 Million in Private Placement Financing; Increases Placement to $5 Million
Marketwire - Tue Apr 22, 4:45AM CDT
Cardinal Energy Group, Inc. ("Cardinal Energy" or "the Company" (OTCQB: CEGX) announced that the Company sold $3.5 million of 12% senior secured convertible notes maturing December 31, 2015 to accredited investors. Due to the placement being oversubscribed, the Company will be placing an additional $1.5 million with accredited investors, bringing the total amount to $5 million. The additional notes will be issued at the same terms. Proceeds will be used to re-work and recomplete its 78 wells located in Texas, fund strategic acquisitions, and for working capital.
Cardinal Energy Group, Inc. Will Attend IPAA OGIS New York on April 7th
Marketwire - Wed Apr 02, 8:31AM CDT
Cardinal Energy Group, Inc. ("Cardinal Energy" or "the Company" (OTCQB: CEGX) announced today that management will host a breakfast presentation at the IPAA OGIS New York Conference on Monday, April 7, 2014.
Cardinal Energy Group, Inc. Announces Retraction of Form 12b-25 Filing; Company Filed Its 10-K on March 28, 2014
GlobeNewswire - Tue Apr 01, 4:30PM CDT
Cardinal Energy Group, Inc. ("Cardinal Energy" or "the Company" (OTCQB:CEGX) announced that the 12b-25 filing was an error and that the Company has filed its 10-K for the period ending December 31, 2013 on time with the Securities and Exchange Commission on March 28, 2014.
Cardinal Energy Group, Inc. to Host Investor Call and Webcast on April 3, 2014
Marketwire - Tue Apr 01, 7:05AM CDT
Cardinal Energy Group, Inc. (OTCQB: CEGX) announced that it will host a webcast and conference call with investors at 11:00 am ET on Thursday, April 3, 2013. President and CEO Tim Crawford and CFO John Jordan will discuss the company's assets, growth strategy and financial position.
Cardinal Energy Group, Inc. Reports Full Year 2013 Earnings Results; Provides Strategy Update and Production Guidance
Marketwire - Mon Mar 31, 9:30AM CDT
Cardinal Energy Group, Inc. ("Cardinal Energy" or "the Company" (OTCQB: CEGX) announced financial results for the twelve months ended December 31, 2013. The Company also provided current production data and guidance along with an update on its existing business strategy.
Cardinal Energy Group, Inc. Completes Stroybel-Broyles Acquisition
Marketwire - Fri Mar 07, 8:35AM CST
Cardinal Energy Group, Inc. (OTCQB: CEGX) announces that it has finalized the previously announced Purchase Sale Agreement to acquire the Stroybel-Broyles Lease located in Eastland County, Texas. The prospect was acquired from Hunting Dog Capital, LLC located in San Francisco, California. This prospect consists of 235 acres and 32 oil wells. This acquisition increases the Company's acreage in Texas by 235 acres. This brings Cardinal's aggregate acreage in Texas to 1,235 acres and aggregate oil production to 44 BOPD.
Cardinal Energy Group, Inc. Completes Powers-Sanders Acquisition
Marketwire - Thu Mar 06, 7:45AM CST
Cardinal Energy Group, Inc. (OTCQB: CEGX) is pleased to announce that it has finalized the previously announced Purchase Sale Agreement to acquire the Powers-Sanders Lease located in Shackelford County, Texas. This prospect contains 385 acres and 5 producing oil wells. Combined with the Dawson-Conway lease this acquisition increases the Company's acreage by approximately 385 acres and production by 31 BOPD. This brings the total aggregate acreage in Texas to 1,003 acres, 46 wells and aggregate oil production to 71 BOPD.
Cardinal Energy Group, Inc. to Acquire Stroybel-Broyles Lease
Marketwire - Wed Feb 12, 8:15AM CST
Cardinal Energy Group, Inc. (OTCQB: CEGX) announced that it has signed a purchase and sale agreement to acquire the Stroybel-Broyles lease located in Eastland County, Texas from Hunting Dog Capital, LLC., of San Francisco, California. The prospect has 235 acres with 32 wells including 3 active wells and 2 injection wells. The active wells are producing 3 BOPD or 90 barrels per month.
Cardinal Energy Group, Inc. Sells Its First Texas Oil
Marketwire - Thu May 08, 5:46AM CDT
Cardinal Energy Group, Inc. ("Cardinal Energy" or "the Company"
(OTCQB: CEGX) announced that it has completed the first sale of oil from its Dawson-Conway, Powers-Sanders and Stroebel-Broyles prospects in Texas. The three prospects yielded 560 barrels of "light" (API 35-38 gravity) oil since Cardinal's recompletion program resumed the fields' production. The Company acquired its initial 85% working interest in the Dawson-Conway leases in July 2013 and acquired the remaining 15% working interest plus its interests in the Powers-Sanders and Stroebel-Broyles leases in March of 2014.The Company began to address the various issues with infrastructure and compliance with the Texas Railroad Commission regulations when it took over operatorship of all of these properties in March 2014. Cardinal Energy Group, Inc. to Host First Quarter 2014 Earnings Call on May 19, 2014
Marketwire - Wed May 07, 5:15AM CDT
Cardinal Energy Group, Inc. (OTCQB: CEGX) announced that it will file its 10Q for the first quarter of 2014 on or before May 15th, 2014, and will host a webcast and conference call with investors at 11:30 am ET on Monday, May 19, 2013. President and CEO Tim Crawford and CFO John Jordan will discuss the company's assets, growth strategy and financial position.
Cardinal Energy Group, Inc. Sells Its California and Ohio Assets
Marketwire - Thu Apr 24, 4:45AM CDT
Cardinal Energy Group, Inc. ("Cardinal Energy" or "the Company"
(OTCQB: CEGX) announced that it completed the sale of its oil and gas assets in California and Ohio to California Hydrocarbons Corporation on April 22, 2014 for 3,000,000 shares of Cardinal Energy stock held by California Hydrocarbon that will be cancelled. The Cardinal Energy common stock is valued at $2 million as of April 22, 2014. Cardinal Energy will now focus exclusively on oil and gas production in Texas. Cardinal Energy Group, Inc. Raises $3.5 Million in Private Placement Financing; Increases Placement to $5 Million
Marketwire - Tue Apr 22, 4:45AM CDT
Cardinal Energy Group, Inc. ("Cardinal Energy" or "the Company"
(OTCQB: CEGX) announced that the Company sold $3.5 million of 12% senior secured convertible notes maturing December 31, 2015 to accredited investors. Due to the placement being oversubscribed, the Company will be placing an additional $1.5 million with accredited investors, bringing the total amount to $5 million. The additional notes will be issued at the same terms. Proceeds will be used to re-work and recomplete its 78 wells located in Texas, fund strategic acquisitions, and for working capital. Cardinal Energy Group, Inc. Will Attend IPAA OGIS New York on April 7th
Marketwire - Wed Apr 02, 8:31AM CDT
Cardinal Energy Group, Inc. ("Cardinal Energy" or "the Company"
(OTCQB: CEGX) announced today that management will host a breakfast presentation at the IPAA OGIS New York Conference on Monday, April 7, 2014. Cardinal Energy Group, Inc. Announces Retraction of Form 12b-25 Filing; Company Filed Its 10-K on March 28, 2014
GlobeNewswire - Tue Apr 01, 4:30PM CDT
Cardinal Energy Group, Inc. ("Cardinal Energy" or "the Company"
(OTCQB:CEGX) announced that the 12b-25 filing was an error and that the Company has filed its 10-K for the period ending December 31, 2013 on time with the Securities and Exchange Commission on March 28, 2014. Cardinal Energy Group, Inc. to Host Investor Call and Webcast on April 3, 2014
Marketwire - Tue Apr 01, 7:05AM CDT
Cardinal Energy Group, Inc. (OTCQB: CEGX) announced that it will host a webcast and conference call with investors at 11:00 am ET on Thursday, April 3, 2013. President and CEO Tim Crawford and CFO John Jordan will discuss the company's assets, growth strategy and financial position.
Cardinal Energy Group, Inc. Reports Full Year 2013 Earnings Results; Provides Strategy Update and Production Guidance
Marketwire - Mon Mar 31, 9:30AM CDT
Cardinal Energy Group, Inc. ("Cardinal Energy" or "the Company"
(OTCQB: CEGX) announced financial results for the twelve months ended December 31, 2013. The Company also provided current production data and guidance along with an update on its existing business strategy. Cardinal Energy Group, Inc. Completes Stroybel-Broyles Acquisition
Marketwire - Fri Mar 07, 8:35AM CST
Cardinal Energy Group, Inc. (OTCQB: CEGX) announces that it has finalized the previously announced Purchase Sale Agreement to acquire the Stroybel-Broyles Lease located in Eastland County, Texas. The prospect was acquired from Hunting Dog Capital, LLC located in San Francisco, California. This prospect consists of 235 acres and 32 oil wells. This acquisition increases the Company's acreage in Texas by 235 acres. This brings Cardinal's aggregate acreage in Texas to 1,235 acres and aggregate oil production to 44 BOPD.
Cardinal Energy Group, Inc. Completes Powers-Sanders Acquisition
Marketwire - Thu Mar 06, 7:45AM CST
Cardinal Energy Group, Inc. (OTCQB: CEGX) is pleased to announce that it has finalized the previously announced Purchase Sale Agreement to acquire the Powers-Sanders Lease located in Shackelford County, Texas. This prospect contains 385 acres and 5 producing oil wells. Combined with the Dawson-Conway lease this acquisition increases the Company's acreage by approximately 385 acres and production by 31 BOPD. This brings the total aggregate acreage in Texas to 1,003 acres, 46 wells and aggregate oil production to 71 BOPD.
Cardinal Energy Group, Inc. to Acquire Stroybel-Broyles Lease
Marketwire - Wed Feb 12, 8:15AM CST
Cardinal Energy Group, Inc. (OTCQB: CEGX) announced that it has signed a purchase and sale agreement to acquire the Stroybel-Broyles lease located in Eastland County, Texas from Hunting Dog Capital, LLC., of San Francisco, California. The prospect has 235 acres with 32 wells including 3 active wells and 2 injection wells. The active wells are producing 3 BOPD or 90 barrels per month.
