Capital City Energy Group, Inc. (CETG.OB) Weekly Recap 8/15/08 -- MrSwing

Capital City Energy Group Incorporated is an oil and natural gas company that has grown a reputation for being a leader amongst a very select group of vertically integrated oil and natural gas companies. Their strategy is to continue to grow a portfolio of core areas that provide growth opportunities through grass-roots drilling, operating, service companies, acquisitions and fund management.

Capital City's fund management business structures, funds and manages energy properties for retail and institutional investors. These energy funds are marketed under the name of Capital City Energy Funds and managed by Avanti Energy Partners, LLC. These energy funds are structured as direct participation programs for accredited investors and distributed through regional Broker-Dealers, Financial Planners, Registered Investment Advisors and Wholesalers of financial service products for the benefit of their clients.
Avanti invests the capital for each energy fund by partnering with successful oil and gas companies that have established histories, excellent track records, and possess the regional expertise to develop and exploit their asset base. CETG utilize the vast experience of their management team and consultants in the oil and gas exploration, development, drilling, and production areas, to create income-oriented direct participation investment programs. This successful strategy is one of the ways CETG helps to offset the risk and market volatility that is often associated with the oil and gas industry, and helps to create a sustainable long term revenue stream for the company.
Capital City Energy Group (CETG.OB) Recently Applied for AMEX Listing; Stock Uptrends Steadily
Thursday, August 14th, 2008
Capital City Energy Group announced earlier this month that it has submitted an application to list its shares of common stock on the American Stock Exchange LLC (AMEX). CEO Timothy Crawford believes listing on the AMEX exchange will enhance shareholder liquidity and value. Since the beginning of July, the stock price has been on a steady uptrend, recently hitting $3.10, a 49.8% increase.
Capital City Energy Group, Inc. (CETG.OB) is Led by a Strong Management Team
Wednesday, August 13th, 2008
Capital City Energy Group, Inc. (OTCBB: CETG) is an oil and natural gas company whose business has evolved from being an innovative leader in the design, management, and sponsorship of retail and intuitional direct participation energy programs, to become one of the few vertically integrated independent oil and natural gas companies. The company focuses on growing their portfolio of core areas which provide growth opportunities through grass-roots drilling, operating, service companies, acquisitions, and fund management.
The upper management team is headed by Mr. Timothy W. Crawford, Chairman and CEO of Capital City Energy. He designed and introduced Capital City Energy's first energy fund offered to individual investors. His management experience is vast, as he was the managing director for a group of professionals who consulted for businesses and high net-worth individuals to review and explore alternatives to their investments, banking, and insurance needs. Prior to that, Mr. Crawford spent 12 years working at Banc Stock Financial Services, Inc., a wholly owned subsidiary of Diamond Hill Capital Management, Inc. (DHIL). His duties included participating in the original equity offering for the Banc Stock Group before assisting in taking the firm public, and worked in their investment banking division.
Joining the company in 2005 was Mr. Keith J. Kauffman, Capital City Energy's President. With over 20 years of experience in the energy and petrochemical industries serving as an engineer and financial analyst for Exxon Mobile Corporation Mr. Kauffman has tremendous knowledge about the oil and natural gas industry. During his tenure at Exxon Mobile, he participated in business unit audit assessments on-location throughout Europe and West Africa, and was a key contributor in implementing drilling cost coding efficiency improvements worldwide. He completed numerous assignments in field operations and natural gas engineering in Kansas, Wyoming, Oklahoma, and Texas. Mr. Kauffman received a bachelor's degree in chemical engineering from the University of Oklahoma and a master's degree in business administration and finance from the University of Houston.
Serving as Vice President of Capital City Energy is Mr. Roger M. Gray, who joined the company back in 2006, and was employed in various positions in the oil and natural gas industry prior to accepting the position from Capital City Energy. His key responsibilities at the company include overseeing day-to-day operations for the firm and the Capital City Energy Funds. His experience within the oil and natural gas industry ranges from conducting and performing analyses of potential drilling opportunities to financial and business planning. The majority of his experience is in the exploration of oil and natural gas wells in the Appalachian Basin. Additionally, Mr. Gray was a pioneer in the sales and marketing of natural gas in a deregulated arena to industrial and commercial end users on various intrastate and interstate natural gas pipelines throughout much of the Midwest.
Capital City Energy Group, Inc.'s (CETG.OB) CEO to Give Up Salary and Bonus
Wednesday, August 13th, 2008
In this morning's news, Capital City Energy Group, Inc. CEO Timothy W. Crawford announced that he has foregone his salary and any stock-based compensation for this year. As a result of this action, Mr. Crawford will not receive cash or stock compensation earned during 2008. According to the company, the CEO is the largest beneficial owner of shares.
Commenting on the action, Mr. Crawford stated, Since we have become public, the Company has made substantial progress in building both the exploration, production and energy services businesses. We have also incurred additional costs as a public entity that we did not have as a private company. As the Company's largest shareholder, I felt it was appropriate to help defray some of these expenses by eliminating my compensation this year, in order to enhance Capital City's earnings. Increased earnings directly affects the value of the shares.
Capital City Energy Group understands what it takes to see sustained business success, which includes high standards of business conduct, effective corporate governance, sound financial controls, operational integrity and community engagement. These values are evident in the company's underlying principles which accentuate teamwork and commitment to professional superiority and integrity. The management is dedicated to growing and maintaining the companys unique corporate culture, while upholding core values which place the interests of shareholders first.
Capital City Energy Group, Inc. (CETG.OB) is Seeking to Make Great Strides
Monday, August 11th, 2008
Capital City Energy Group, Inc. (OTCBB: CETG) is a diversified oil and natural gas company that operates through three divisions to progress from a design management and sponsor of retail energy programs, to one of the few vertically integrated independent oil and natural gas companies. The company recently announced that they have applied for listing their shares of common stock on the American Stock Exchange LLC (AMEX), as well as made public that they have taken full interest in the prolific Fayetteville Shale located in Van Buren and Cleburne Counties in Arkansas.
Although no assurance can be given that the company's common stock will be accepted for listing, Capital City Energy believes that they meet the quantitative standards for original listing under the standards listed in the Amex Company Guide. The company's management team is fully aware of the significance of being listed on AMEX, The submission of our application to the AMEX is an important step in gaining greater exposure in the investment community, stated Capital City CEO, Timothy W. Crawford. He continued, We believe that the listing of our common stock on the AMEX will enhance shareholder liquidity and value, building on the Company's accomplishments in the short time it has been public.
The Fayetteville Shale is located in northern Arkansas and is an unconventional natural gas resource which has similar characteristics to the Texas Barnett Shale formation. The thickness of the producing shale zones range from approximately 50 feet to more than 600 feet, and natural gas in place is estimated between 58 and 65 billion cubic feet per square mile. Currently, the company is actively drilling on more than 30,000 acres within these counties. Drilling activity is increasing at the rate of 8 to 10 new producing wells per month, with production from the wells averaging over 1 million cubic feet per day of natural gas production.
Mr. Crawford stated, The Fayetteville Shale has quickly developed into a large unconventional gas resource and has attracted national attention due to the success in the area of such prominent energy firms as Chesapeake Energy and Southwestern Energy Company. With production increasing rapidly, we believe that the play could be a promising source of revenue.
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Capital City Energy Group, Inc. (CETG.OB) Weekly Recap 8/15/08
Aug 19, 2008

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