Cardiff Energy Corp. Announces the Addition Of a Senior Oil and Gas Executive
Vancouver, BC / TheNewswire / July 6 2015 - Cardiff Energy Corp. (the "Company") (TSX-V: "CRS", Frankfurt: "C2Z.F", US Pinksheets: "CRRDF") is pleased to welcome Derek Stonehouse as VP Exploration and as a Director. Mr. Stonehouse has over 20 years' experience in the oil and gas industry. As a geological consultant for Northern Blizzard Resources, Mr. Stonehouse identified and drilled over 140 horizontal wells increasing his pool from 1000 bbls/d to 4000 bbls/d. Mr. Stonehouse has contributed to many public and private companies such as Dejour Energy, Storm Resources, Dunvegan Energy and Equitorial Energy.
The President of the Company and the newly appointed VP Exploration are heading to Texas this week to visit the Company's current drill program, evaluate new lease opportunities under negotiation and to design and select the next horizontal well location in Runnels, County.
Jack Bal, President of Cardiff Energy Corp., states "We are very happy to have Mr. Stonehouse join our team. Mr. Stonehouse will work closely with management to maximise the exploitation of our existing and future leases in Runnels County, Texas"
The Company anticipates the completion of drilling of the Clayton #1H well in 1 week and an initial production test 7 to 10 days thereafter.
Furthermore, the Company would like to announce the retirement of Dennis Stewart as VP Exploration and Director and thank him for his contributions.
To learn more about the Company and the drilling of the Clayton #1H horizontal well please visit:
http://www.cardiffenergy.com/i/pdf/Runnels-County-Texas.pdf
About the Company
Cardiff is an emerging junior oil and gas company engaged in the acquisition, exploration, development, and production of oil and gas properties. Cardiff is listed on the TSX Venture Exchange under the symbol CRS. For additional details please visit Cardiff's website at www.cardiffenergy.com
For additional information contact:
Jack Bal, President
604-306-5285
jackbalyvr@gmail.com
ON BEHALF OF THE BOARD OF DIRECTORS
"Lorne Torhjelm"
Lorne Torhjelm,
Chief Executive Officer
Neither TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains forward-looking statements relating to the future operations of the Company. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding future plans and objectives of the Company, are forward looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are exploration risks detailed from time to time in the filings made by the Company with securities regulations.
The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. As a result, we cannot guarantee that any forward-looking statement will materialize and the reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release, and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities laws.
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