Replies to post #3589 on Citadel Exploration Inc. (fka COIL)

[hamilton]

There is a new presentation posted to the company website which may help to clarify your thinking. I watch the Kern Bluff facility constantly. The photos are legitimate.
http://citadelexploration.com/investor-presentations/

[Saving Grace]

Didn't this stock rip many off in the past with BS promises?

[Lazarus]

No mention here of THIS?

Item 7.01 Regulation FD Disclosure

On September 11, 2019, Citadel Exploration, Inc. (the "Company") announced that the Company’s lender had exercised its right under a notice of default to appoint a 3rd party receiver to manage and operate the Kern Bluff Oil Field. The Company continues, and is open to all viable options, to seek capital to satisfy its debt with the lender. At this time there is no assurance that the Company will be able to find the necessary capital to pay back debt and resume operation of the field.

FROM 8K FILED LAST MONTH