‘Upgraded Company Site Enhances Transparency for Investors’
Dublin OH, September 13, 2013 — (OTCQB: CEGX) Cardinal Energy Group, Inc. announces the launch of its new corporate, investor-centric web site. The site is accessed at www.cegx.us. Cardinal Energy’s new site has been up-graded to enhance shareholder communications with company information transparency.
“We are committed to transparency by delivering precise and timely information to our shareholders through the communications platform we are developing using convergent media”, Timothy Crawford CEO of Cardinal Energy remarks, “Our new corporate web site is designed to distribute the full spectrum of Cardinals progress to our shareholders and potential investors. Information transparency is fundamental to a company’s healthy communication to its shareholder and investment community. The new site has everything in one place for our investors to determine the status of their investment in Cardinal. In the ‘Investor Relations’ section, you can find our cash flow, balance sheet and income statements as well as our SEC filings among the various items of investor interest. One can also access picture, video and audio components that report about our Company’s progress regarding our asset base in the ‘Media’ section. We encourage our site’s visitors to sign up in the ‘News Alerts’ section to receive automated email alerts, which deliver the latest company news and information to subscribers the moment it is released. The Investor relations component that is embedded in our new site is made possible by the developers at IR Web Kit”.
Scott Gordon, Managing Partner of IR Web Kit comments, “The Cardinal Energy Group IR Web Kit solution is an unrivaled investor portal that delivers complete transparency into the heart of the organization, from many perspectives. The site employs superior technology and smart design to enable visitors to quickly gain a complete perspective about Cardinal Energy. We are delighted to serve their investor relations communications and technology needs with a custom-tailored solution”.
About IR Web Kit Inc.
IR Web Kit Inc., provides affordable, easy to manage IR Website solutions that deliver powerful, media rich, Investor Relations websites and communications services. Our company is comprised of industry leading IR and Technology veterans who understand the evolving IR space, delivering high value and custom IR website functionality at an affordable price point. The IR Web Kit is a comprehensive IR Website Solution that provides a robust, media-rich, custom-tailored Investor Relations Website which easily integrates with your existing website infrastructure. With over 100 years of collective expertise to draw upon, IR Web Kit Management and Administrative Teams are your perfect partners for developing and managing comprehensive, IR website solutions. For more information please visit http://irwebkit.com.
Forward Looking Statements
In connection with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Cardinal Energy Group, Inc., is hereby providing cautionary statements identifying important factors that could cause our actual results to differ materially from those projected in forward-looking statements (as defined in such act). Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimated,” “intends,” “plans,” “believes” and “projects”) may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. These statements include, but are not limited to, our expectations concerning our ability to obtain financing and close on the acquisition of the oil and gas leases and property, our beliefs concerning our ability to increase the rate of oil and gas production, and the expected demand, pricing and operating results for our oil and gas operations.
About Cardinal Energy Group, Inc.
Cardinal Energy Group, Inc. is a U.S producer of oil and natural gas within the United States. The Company is based in Dublin, Ohio. Cardinal focuses on known formations that have significant proven reserves remaining that can be produced economically. Cardinal targets fields with wells that may need remediation due to neglect or undercapitalization. We select prospects that offer a strong up-side for production. The upside we seek in a prospect is twofold – it must have the potential to be restarted or have its current production increased using newer technology and remediation methods and; it must also have additional lease acreage which can be further developed by completing development wells adjacent to existing producing wells. Cardinal exploits these undervalued assets by acquiring a majority working interest in the prospect and then applies the Company’s calculated development plan. Cardinal also seeks acquisitions of over-leveraged companies when there is a clear upside from their purchase based on strong commodity prices. The Company operates throughout the Continental United States. More information on Cardinal Energy Group, Inc. is available at www.cardinalenergygroup.com.