Capital City Energy Group Inc. (CETG.OB) Oil & Gas Reserves Jump 50% in Q2
Capital City Energy Group Inc. is a diversified oil and natural gas company operating 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. In a move such as this, it is vital the company secure proven oil and natural gas reserves. The company today announced results from a report conducted by independent petroleum engineering firm, James Engineering Inc., to gauge Capital City’s reserves. According to the report, the company’s reserves rose nearly 50 percent in the past quarter. Capital City said…