Keystone Energy, LLC signed an agreement to acquire oil and gas properties from Cardinal Energy Group, Inc. (OTCBB:CEGX) on June 5, 2015. Under the terms, Keystone Energy will pay $1.6 million in cash and assign to Cardinal Energy Group a 5% ownership interest in Keystone Energy. Financial West Investment Group, Inc. acted as financial advisor for Cardinal Energy Group, Inc.

Keystone Energy, LLC completed the acquisition of oil and gas properties from Cardinal Energy Group, Inc. (OTCBB:CEGX) on June 12, 2015.