September 23, 2008
Capital City Energy Group Hires Director of Business Development and Land Management
Capital City Energy Group (OTCBB:CETG) has hired Chuck Kendall as Director of Business Development and Land Management.
Kendall's expertise lies in supervising land leasing, right-of-way acquisitions, drill site surveying and permitting of new wells and large lease-acquisitions programs including an 80,000-acre program for Belden & Blake Corp. in Eastern Ohio.
"We are excited about the level of expertise in the oil & gas industry that Chuck brings to our company," said Tim Crawford, CEO of Capital City Energy Group. "His experience with lease acquisitions as well as the relationships he has established in the industry make him ideal for this position."
Kendall began his career with Giant Petroleum Corp. in Tulsa, Okla. as a landman and was promoted to the head of the Ohio operations located in Ashtabula.
Kendall later formed Petroleum Land Services, which later became PetroSearch Inc. The company provided land-related services to oil & gas companies throughout the Appalachian basin.
Chuck's prior clients include Great Lakes Energy Partners, Mason-Dixon Energy, Schreiner Oil & Gas Inc., GonzOil Inc. and Cardinal Oil Co.
Kendall attended Ashland University in Ashland, Ohio.
About Capital City Energy Group
In addition to its three wholly owned subsidiaries, Capital City Energy Group (CETG) is a rapidly expanding energy company. It is an innovative leader in the design, management and sponsorship of retail and institutional direct participation energy programs and one of the few vertically integrated independent oil & natural gas companies operating today. CETG identifies and develops growth opportunities through drilling, operating, oil field service companies, acquisitions and fund management.
Capital City Energy Group is traded under the stock symbol CETG and is headquartered in Columbus, Ohio.
Visit Capital City Energy Group at www.capcityenergy.com.
Safe Harbor Statement
Investors and readers are cautioned that certain statements contained in this document, as well as some statements in periodic press releases and some oral statements of our officers and directors during presentations about our energy funds, along with Capital City Energy Group's filings with the Securities and Exchange Commission, including the Company's registration statements, quarterly reports on Form 10-Q and annual report on Form 10-KSB, are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements that are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "expects,""anticipates,""intends,""plans,""could,""might,""believes,""seeks,""estimates" or similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future actions, which may be provided by the Company's management, are also forward-looking statements as defined by the Act. Forward-looking statements are based on current expectations and projections about future events and are subject to various risks, uncertainties and assumptions about Capital City Energy Group, its technology, economic and market factors and the industries in which the Company does business, among other things. These statements are not guarantees of future performance and Capital City Energy Group, Inc. undertakes no specific obligation or intention to update these statements after the date of this release.
Editor's Note: Chuck Kendall's zip code is 44720.