Cardinal Energy Group, Inc. report that its Bradford Drilling Program is executing as planned. We have drilled 6 wells to date with 3 wells currently on-line. The Tannehill Sandstone is producing oil according to the anticipated results predicted from the engineering and geological evaluations.
Other zones have also shown promise with shows of oil and gas during the logging process including the Hope Lime and Frye Sandstone. Primary production from the Bradford lease has increased to 35 BOPD resulting from the 3 newly drilled and completed wells; the 3 new wells are currently producing 25 BOPD.