On May 27, 2015, the Board of Directors of Cardinal Energy Group, Inc. appointed John Jordan, its Chief Financial Officer and a member of the Company's Board, effective June 1, 2015. On the same date, Gary Peterson stepped down as Chief Financial Officer and was appointed the Company's Controller, effective June 1, 2015. Mr. Jordan will also serve as the Chairman of the Company's Audit Committee.

Mr. Jordan served as the Company's Chief Financial Officer from January 2014 until September 2014, when he retired to pursue community service work.