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CEGX News Alert Cardinal Energy Group Inc. (CEGX) 0.4600 01/25/2015

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Post# of 273370
Posted On: 01/25/2015 1:26:14 AM
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Posted By: Stock_Tracker
Cardinal Energy Group Inc. (CEGX) 0.4600 $CEGX

Cardinal Energy Group buys Bradford West, with 20 new identified wells
M2 - Thu Jan 08, 3:01AM CST
Natural gas company Cardinal Energy Group (OTCQB:CEGX) reported on Wednesday that it has completed the acquisition of the Bradford "West" for a purchase price of USD20,000.

Cardinal Energy Group, Inc. Acquires Bradford West
Marketwired - Wed Jan 07, 7:33AM CST
Cardinal Energy Group, Inc. (OTCQB: CEGX) announces that it has acquired the Bradford "West". The new prospect is comprised of 200 acres and is located adjacent and to the west of Cardinal's existing Bradford field. The prospect was acquired for $20,000 on December 31, 2014. The lease is also located within a couple of miles of Cardinal's Albany, Texas field operations facility in Shackelford County, Texas. Cardinal is in the process of securing drilling permits for the 20 new locations that the geologist has identified in the formation. Cardinal pursued this new Bradford "West" lease largely because of the success of the first Bradford Lease acquired in 2014.

Cardinal Energy Group, Inc.: Bradford Lease Drilling Report
Marketwired - Fri Dec 19, 6:42AM CST
Cardinal Energy Group, Inc. (OTCQB: CEGX) announces that since drilling resumed December 1st on the Bradford Lease 4 new wells have been drilled, the B #13, B #10 and the B #8. The next locations, the B #17, B #14, and A #14 are permitted and will be drilled over the next two to three weeks to complete the drilling portion of the Bradford Drilling Program, which consists of 7 existing wells and 14 new development wells. The wells are located in Shackelford County, Texas within a couple of miles from Cardinal's Albany, Texas field operations facility.

Cardinal Energy Group, Inc. Announces Earnings Conference Call Co-Ordinates
Marketwired - Wed Dec 03, 9:52AM CST
Cardinal Energy Group, Inc. (OTCQB: CEGX), an oil and gas exploration and production company with its primary assets in Shackelford County, Texas, reported financial results for the third quarter ended September 30, 2014. A conference call is scheduled for December 9, 2014 at 5PM EST. The call will be conducted by Timothy W. Crawford, CEO, and Gary B. Peterson, CFO.

Cardinal Energy Group, Inc. Announces its First Profitable Quarter
ACCESSWIRE - Wed Nov 19, 9:01AM CST
Third Quarter Operating Income of $234,000 is an Increase of $529,000 from the Third Quarter of 2013

Cardinal Energy Group, Inc.: Fortune Lease Drilling Report
ACCESSWIRE - Thu Nov 13, 4:45AM CST
9 New Wells Are Drilled With 8 Completed and Producing

Cardinal Energy Group: Bradford Drilling Program Report
eTeligis - Thu Oct 16, 8:27AM CDT
DUBLIN, OH, United States, via ETELIGIS INC., 10/16/2014 - - Cardinal Energy Group, Inc. (OTCQB: CEGX) is pleased to report that its Bradford Drilling Program is executing as planned. We have drilled 6 wells to date with 3 wells currently on-line. The Tannehill Sandstone is producing oil according to the anticipated results predicted from the engineering and geological evaluations.Other zones have also shown promise with shows of oil and gas during the logging process including the Hope Lime and Frye Sandstone.Primary production from the Bradford lease has increased to 35 BOPD resulting from the 3 newly drilled and completed wells; the 3 new wells are currently producing 25 BOPD.

Cardinal Energy Re-Enters First Well on Fortune Leases
Marketwire - Thu Oct 02, 7:33AM CDT
Cardinal Energy Group, Inc. (OTCQB: CEGX) is pleased to announce that it has re-entered the CW Hendrick B #1 Well on the Fortune Leases. Work began September 29th with the first drilling crew moving on site. Cardinal is participating in 50% of the play situated on 310 acres. The plan is to re-enter this un-completed and plugged well by re-drilling it the to the prolific Caddo formation.

Cardinal Energy Group, Inc. Announces Its Bradford Drilling Progress Report
eTeligis - Thu Sep 11, 7:19AM CDT
DUBLIN, OH, United States, via ETELIGIS INC., 09/11/2014 - - Cardinal Energy Group, Inc. (OTCQB: CEGX) is pleased to announce that the first well drilled on its Bradford lease, the 'A'#5A has been completed and has just been put on production.A stable production rate is expected in the next couple of weeks. The 310 acre Bradford prospect has 7 existing wells that anchor Cardinals new 14 well drilling program.

Cardinal Energy Acquires the Fortune Lease
Marketwire - Tue Sep 02, 8:31AM CDT
Cardinal Energy Group, Inc. (OTCQB: CEGX) is pleased to announce that it has completed the acquisition of the Fortune Lease. Cardinal will participate in 50% of the play on 310 acres. The lease has one un-completed, plugged well that will be re-entered and re-drilled to the prolific Caddo formation. Activity should commence on or about September 15, 2014. The plan is to continue the development of the lease by drilling 3 to 5 new wells into the various other formations on the lease.

Cardinal Energy Drills First Oil Well on Its Bradford Lease
Marketwire - Mon Aug 25, 7:35AM CDT
Cardinal Energy Group, Inc. (OTCQB: CEGX) is pleased to announce that the first oil well on its Bradford leases has been drilled and cased. The drilling confirmed three pay zones with good shows of oil. They are the Frye, the Tannehill and the Hope zones. This is the first well of a 14 well program that incorporates Cardinal's plan to implement their previously announced waterflood project on the Bradford "A" and Bradford "B" leases.






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