Cardinal Energy Group Inc. (fka CEGX)

[OilGuy2]

Shakelford County Tx. Our geologist/operator has already consulted with a drill company. He says we can use our own rig with a reversing unit to reduce drilling costs.
The Chester flips from lime and chert throughout the county. I'm waiting for the API on the prior vertical so I can investigate location & production numbers from TXRRC. The project cost/production looks pretty good if we can do even 100 BOPD similar to the vertical.