DUBLIN, OH--(Marketwired - May 12, 2015) - Cardinal Energy Group, Inc. (OTCQB: CEGX) is pleased to announce it has engaged JP Fortune Group (JPF), one of North America's premier small-cap advisory firms. JP Fortune Group will assist the Company in capital market positioning, financial operations management, M&A opportunities, and strategic investor communications. JPF will implement a comprehensive equity growth strategy and execute an extensive investor relations campaign. The Company's goal is to exploit opportunities in the financial marketplace while increasing market value for its shareholders' equity.
"We are excited to work with JP Fortune Group to expand our financial operations while increasing shareholder opportunities. We intend to strategically enhance our shareholder communications, as we believe the investor community will better appreciate the value we're creating in the marketplace," said Timothy Crawford, Chairman and Chief Executive Officer of CEGX.
"We have interviewed the management of CEGX over the past weeks. And we have watched their performance. Cardinal has a superior management team that has developed a proven growth model that is focused on producing shallow oil in Texas, which allows the Company to be profitable due to its economical lifting fees. Consequently we are highly confident CEGX will become a significant player in the financial markets even during this industry downturn," stated Larry Fortune, Managing Partner of JP Fortune Group.
More information on Cardinal Energy Group, Inc. is available at www.cegx.us.
About Cardinal Energy Group, Inc.
Cardinal Energy Group, Inc. is an environmentally responsible energy company principally engaged in the acquisition, exploration, development and production of crude oil. Cardinal's strategy is to increase reserves and production through the exploration and exploitation of oil and natural gas properties with high emphasis on known formations with significant proven reserves remaining that can be produced economically. The company's properties and exploration efforts are located primarily in the continental United States. More information on Cardinal Energy Group, Inc. is available at www.cegx.us.
About JP Fortune Group
JP Fortune Group; a Bryce Holdings, LLC brand is a premier independent investor relations and financial advisory firm, with the depth of experience and expertise to advise companies across a broad spectrum of industries, ranging in revenues from $5 million to over $500 million. With a combined management team experience exceeding 50 years, JP Fortune Group is a leader in providing the highest quality investor relations and financial consulting services for middle market companies.