Cardinal Energy Group Inc. (fka CEGX)

[beer$$money]

Cardinal Energy Group, Inc (“Cardinal Energy” or “the Company”) (OTCQB: CEGX) announces the acquisition of EOI Eagle Operating, Inc (“Eagle”) assets. Abilene, Texas April 18, 2017 –


The Company and Eagle formally executed the definitive agreement to acquire the assets of EOI Eagle Operating, Inc located in Frisco, Texas on April 18, 2017. The Company issued 1,000,000 shares of the Series B Preferred stock and a note for $250,000 to acquire the assets of EOI Eagle Operating, Inc.

Timothy W. Crawford, CEO of Cardinal Energy stated, “We are pleased to announce the acquisition of Eagle’s assets as these assets will generate significant revenues to the Company. However, the jewel of this acquisition is the many years of experience that Paul Carlisle brings to Cardinal”. Paul will be appointed by the Board of Directors in the next 30 days to the position of President and Chief Operating Officer of the Company. Paul will oversee all of the Company’s day to day operations in the field and will report to the Company’s CEO and Board of Directors.

Paul Carlisle, President and Owner of EOI Eagle Operating, Inc commented, “This is a very exciting time for all of us involved with the Cardinal Energy Group. I am proud to accept my new role as President and Chief Operating Officer of Cardinal. I feel the company is strategically positioned as the result of the addition of Eagle’s existing leases and new equipment to fully develop all of the existing properties held by Cardinal Energy Group and the additional leases which will be acquired in the near future as the result of the Company’s current capital raise.

http://www.cardinalenergygroup.com/category/acquisitions/


EOI EAGLE OPERATING is an oil operator located in FRISCO, Texas.
Company : EOI EAGLE OPERATING, INC.
Address: 8419 SHAKESPEARE LANE
Phone : [phone]
City : FRISCO
State : Texas
Zip : 75034
Alternate Phone : [phone]
Texas RRC Number: 253129
[ad-1891419]

According to the Texas Railroad Commission, EOI EAGLE OPERATING, INC. has Texas Oil Operator Number 253129. Many companies listed as operators with the TRRC are Oil and Gas Exploration Companies in Texas. As an Oil and Gas Operator, EOI EAGLE OPERATING is listed as having an involvement in the Texas oil industry through operations, exploration and/or production of crude oil and natural gas. Representatives of EOI EAGLE OPERATING, INC. can be reached at [phone].

http://www.eliteexploration.com/eoi-eagle-operating/

EOI Eagle Operating, Inc. MAP Oil Wells and Leases

http://www.texas-drilling.com/operators/eoi-eagle-operating-inc/253129

Here is link for all of EOI Eagle Operating wells: All in District 9

http://webapps2.rrc.state.tx.us/EWA/wellboreQueryAction.do?pager.pageSize=10&pager.offset=0&methodToCall=search&searchArgs.paramValue=|3=009|9=Y|102=09|106=253129|107=EOI+EAGLE+OPERATING%2C+INC.&rrcActionMan=H4sIAAAAAAAAAL2SS2vDMBCEf417MQhJfjQ57EEYNxhCkqampZgeFFskAScyK5m04B_ftUug9HHN7WNG0s4OGgTnIAfBBYg7xFrV_mjP2xqbir_BpF_MTnedk4xs5rz2hvl31rsgUjNOJyQE8iF_UYTRiBfTtjuL5rE3-PH1HmssuTGcjD_YprSZblsSEkDjezyX9slorA8kzYD_ilG5yVW4d6zTqE_Puu0NpYuA8_kwh9cpBaHgKcgkEnLEe8jXRZirxTIP15t8q8pitQhkFharjP0YIm6wq7vumML12kbvDX7b6c8CxG0KqP4LNVZDX0SC4DQwiYd4pATSISX4BG_GU11BAgAA

http://www.cardinalenergygroup.com/Cardinal-Energy-Group-Inc-Profile-2017.pdf


Here is link for all of CEGX wells: All in 7B

http://webapps2.rrc.state.tx.us/EWA/inactiveWellQueryAction.do?pager.pageSize=10&pager.offset=0&methodToCall=search&searchArgs.paramValue=|8=2|100=CURR_INACT_YRS_MOS%2CASC|106=140712&rrcActionMan=H4sIAAAAAAAAAL2QT0vEMBTEP009hiRN117eIQQFDyq21UXKUmIbdheyTUlS_0A-vG8rgqx7FG-PmcnwmyRGKfDEKAN24X0v-7h3Y9X7oaUbWPQ386KnKXCCNglRR0PiO5lDlsuSYoJDxq-v1hLP_HjuR40lr2ZtrH2Yjf_46iSDw4SAg4k7NzROaWtRKMCbOPuxcbXRvt-hVAL9hdKGxZV-G8ikvT48aTsbJCwXegrqsaq6mzupmu65qrvb-zrjStYKzRUwQS8ZPyll_7QvfO9awaS3xv_gPzuWbdrT3JEUROLAaMpBsCQgp6mAIuG2M-__4LM-ASoXx7YZAgAA