Cardinal Energy Group, Inc. (OTCPK:CEGX) is seeking acquisitions. The free cash flow of $69.5 million will be used to fund the dividend and to fund the cash portion of future acquisitions within Cardinal's existing asset base. All acquisitions done in 2018 will be funded with excess operating adjusted funds flow and Cardinal will not incur additional debt for these acquisitions. Acquisitions are a part of Cardinal's business model and the acquisition strategy for 2018 will be to consolidate properties and working interests within existing properties in their core operating areas.