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Last updated on April 20, 2014 at 8:28 EDT

Latest Quad Energy Corp. Stories

2013-05-06 12:21:45

ORLANDO, Fla., May 6, 2013 /PRNewswire/ -- Quad Energy Corp. (OTCPK-CDID) is pleased to announce it has entered into a Letter of Intent with Multi-Corp International Inc. for the sale of the Double XX property. Multi-Corp will issue Quad Energy Corp. the value of the property in common restricted shares. About Quad Energy Corp. Quad Energy Corp. is independent junior oil and gas exploration, development and production company headquartered in Orlando, FL. The company is duly...

2013-05-06 08:23:49

DENVER CITY, Texas, May 6, 2013 /PRNewswire/ -- Multi-Corp International Inc. (OTC Pink: MULI) has signed a LOI with Quad Energy Corp to purchase 100% working interest in the Double X property for 3 million restricted shares of Multi-Corp International Inc. The terms of the transaction are as follows, Quad Energy Corp has been in negotiations with the US Federal government and bankruptcy court since December 2010. This transaction was sanctioned by the bankruptcy court with conditions. Once...

2012-12-17 20:20:48

ORLANDO, Fla., Dec. 17, 2012 /PRNewswire/ -- Quad Energy Corp. (OTCPK: CDID) is pleased to announce today that the Company has sold to MULTI-CORP INTERNATIONAL, INC. its 100% Working Interest in the 2,800 acre Cave Pool Property in Eddy County, New Mexico. There are currently 32 wells which are capable of producing approximately 40 BOPD with 30 MCF Natural Gas, based on 40 acre spacing and over 100 possible drilling locations based upon 20 acre spacing. Management has currently identified...

2011-11-14 17:29:00

ORLANDO, Fla., Nov. 14, 2011 /PRNewswire/ -- Quad Energy Corp. (OTCPK: CDID) is pleased to announce that a meeting has taken place with the Assistant General Counsel of the Oil Conservation Division of Energy, Minerals and Natural Resources Department in Santa Fe, New Mexico. The discussions centered around what Quad proposes to accomplish going forward and past problems with the previous operator. The meeting concluded with both parties optimistic that Quad Energy Corp. can move forward...

2011-10-21 07:00:00

ORLANDO, Fla., Oct. 21 2011 /PRNewswire/ -- Quad Energy Corp. (OTC-PK: CDID) is pleased to announce that the optimization team has identified 12 wells of the 38 wells in the Cave Pool Unit that require a minimum maintenance program which will include pump changes or tubing repairs. Upon completion of this program the 12 wells should be capable of close to 50 barrels per day of oil production and 200 mcf of gas without any further stimulation. Based on the 50 barrels per day production on...

2011-10-19 06:45:00

ORLANDO, Fla., Oct. 19, 2011 /PRNewswire/ -- Quad Energy Corp. (OTCPK-CDID) is pleased to offer more details on its acquisition from Blugrass Energy of a 100% ownership in the Cave Pool Properties in Eddy County New Mexico. The property has 2800 acres more or less of mineral leases with 38 existing wells. Most of the wells are equipped with Pump Jacks and have flow lines running to existing treating facilities. The property has complete electrical services to all wells. All of the...

2011-10-18 15:15:00

ORLANDO, Fla., Oct. 18, 2011 /PRNewswire/ -- Quad Energy Corp. (OTCPK-CDID) is pleased to announce effective October 3 2011 the company provided full disclosure information to OTC Electronic Markets and has received clearance to move the company into the Current Information Category (PS). All annual financials ending March 31 2011, and quarterly reports ending June 30 2011, have been filed with PINK OTC Markets. Over the past several months, OTC Markets has developed a new tier system...

2011-03-04 17:17:00

ORLANDO, Fla., March 4, 2011 /PRNewswire/ -- Quad Energy Corp. (Pink Sheets: CDID) is pleased to announce it has received information on an estimate of the PUD reserves on the Cave Pool Unit. This estimate is based on a third party reserve study on offset leases in the Greyburg formation. The reserve report prepared by Russell Hall and Associates assigned gross reserves to each well on the offset leases at 35.3 MBbls oil and 35.3 MMcf gas (41.2 MBOE) per well. These reserves are...

2011-02-09 08:00:00

ORLANDO, Fla., Feb. 9, 2011 /PRNewswire/ -- Quad Energy Corp (Pink sheets: CDID) announced today that it has engaged Fullerton Group Inc. for all Corporate Communications and Investor Relations Services. In the immediate term, Fullerton Group will target investors and the business media and educate them on CDIDs business strategy to acquire small and medium enterprises and apply capital and resources to increase growth and valuation of the company. "Adding Fullerton Group to our investor...

2011-02-08 08:00:00

ORLANDO, Feb. 8, 2011 /PRNewswire/ -- Quad Energy Corp. (Pink Sheets: CDID) is pleased to offer more details on its recent acquisition from Blugrass Energy of a 100% ownership in the Cave Pool Properties in Eddy County New Mexico. The property has 2800 acres more or less of mineral leases with 30 existing wells. Most of the wells are equipped with Pump Jacks and have flow lines running to existing treating facilities. The property has complete electrical services to all wells. All of...