Chancellor Group Inc (CHAG)

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Attention-CHAG Holders - As I stated before I bought CHAG in April, 2001 and kept my shares. I have more than doubled my position this week.
I think the New Management and Oil and Gas Properties are EXCELLENT and the name CHAG is the ONLY LINK with the past
I am sure CHAG has a bright future ahead
but -

Since the Name Shane X. Rodgers came up again,
I want you all to know that Rodgers was in Charge when Chag failed last time.
Him and a guy named Ashraf Khan, Chairman/CEO from Pakistan
I DO NOT think Rodgers and Khan have ANYTHING to do with CHAG now-
but they may still hold shares
I sincerely hope Rodgers/Khan have NOTHING to do with CHAG now.
**************************************************************
In 2001, Shane X. Rodgers was the frontman for CHAG -
(See Post #442)

He put out lots of PR'S
(See Post# 183)

He was out drilling
and
He was pumping the Stock and doing doing Radio Interviews
on WallStreetNewscast.com
(See Post #176, 219, 279, 418 )

He was also on the Board of Directors of CHAG
and obtained Financing FOR CHAG -
$5,5000,000 in Equity Financing
(see Post #442)

He claimed 300 Million Barrels of Oil in Shinkle Field in Kansas.( See Post # 308, 309 )

Brought in the Rigs, started Drilling -
The Oil started pumping
The price rose as well.
( See Post # 369)

The rumour was the price target would be $3.00 per share.
( See Post #513 )
then

Late filling with the SEC
(See Post # 388)

then
there were Delays -
( See Post #509 and 516 )

Shane Rodgers left the field and said there was no financing
(See post# 523 )

Share Price Crashed
Post # 551,552,553)
then
Rodgers began sparring on Raging Bull with Shareholders.
(See Post # 558 )

The Financing disappeared
then
Rodgers left for Australia
Khan left for Pakistan

then this PR -
Shane X. Rodgers has been ordered to be removed as officer and director of Chancellor by District Court, Clark County, Nevada for breach of fiduciary duty.

All this occurred between April 2001 and April 2002.
then
CHAG lost the rights to Shinkle field and all business stopped till April, 2007

CHAG PR - (see Post# 559 for PR)

Chancellor Group, Inc. Announces Changes in the Board of Directors
Business Wire - April 08, 2002 11:05
BOSTON--(BUSINESS WIRE)--April 8, 2002--Chancellor Group, Inc. (OTC: CHAG)

Chancellor Group, Inc. announced today that effective April 5, 2002 Mr. Shane Xavier Gabriel Rodgers has been ordered to be removed as officer and director of Chancellor by District Court, Clark County, Nevada for breach of fiduciary duty.

The Clark County Court also appointed a new, two-person Board of Directors for Chancellor group, Inc. The new Board members will be Mr. Dudley Muth and Ms. Jill Orizondo, who will take control of the company's reorganization. The new Chancellor Group Board of Directors also plans on holding a shareholder meeting, and plans on making further statements on this subject in the future.

The new board will seek to co-opt technical oil industry advice, and will re open talks with the owner of the Kansas oil property lost to the Company by previous management.

It should be emphasized that no undertakings have been given as to whether or not the Kansas oil property might again be available to Chancellor Group Inc.

Mr Dudley Muth is a California attorney who is a compliance officer with a Los Angeles brokerage firm. Ms. Orizondo is a Michigan attorney with extensive business experience.

FORWARD LOOKING STATEMENTS

Chancellor Group Inc ("Chancellor Group," or the "Company" or "Chancellor") cautions readers that certain important factors may affect the Company's actual results and could cause such results to differ materially from any forward-looking statements that may be deemed to have been made. Without limiting the generality of the foregoing, words such as "may," "expect," "believe," "anticipate," "intend," "could," " estimate," "plans," or "continue" or the negative or other variations thereof or comparable terminology are intended to identify forward-looking statements. With respect to any forward-looking statements contained herein, the Company believes that it is subject to a number of risk factors, including the Company's ability to develop its oil and gas leases; competitive actions; and, general economic and business conditions. Any forward-looking statements should be evaluated in the light of these important risk factors. The Company is also subject to other risks detailed herein or set forth from time to time in the Company's filings with the Securities and Exchange Commission.
CONTACT: E View Media
Gerry Salazar, 212/269-2100
www.eviewinvestor.com

That was the END until April, 2007