ORLANDO, Fla., Nov. 14, 2011 /PRNewswire/ -- Quad Energy Corp. (OTCPK: CDID) is pleased to announce that a meeting has taken place with the Assistant General Counsel of the Oil Conservation Division of Energy, Minerals and Natural Resources Department in Santa Fe, New Mexico. The discussions centered around what Quad proposes to accomplish going forward and past problems with the previous operator. The meeting concluded with both parties optimistic that Quad Energy Corp. can move forward with its long term development plans. Quad will be meeting again with them to present its first draft of the phase one optimization plan.
About Quad Energy Corp.
Quad Energy Corp. is an independent junior oil and gas exploration, development and production company headquartered in Orlando, FL. The company is duly incorporated in the State of Nevada. The company's common shares are listed for trading on the electronic over-the-counter pink sheets (OTC-PINK) market in the United States and trades under the symbol "CDID."
Behalf of the Board of Quad Energy Corp.
Safe Harbor Act Notice:
Statements contained herein that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the company and its managements. Such statements reflect management's current views, and are based on certain assumptions and involves risks and uncertainties Actual results, events or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, the company's ability to obtain additional financing and the demand for the company's products. Any investment in the company would be extremely speculative and involve a high degree of risk and should not be pursued unless the investor could afford to loss their entire investment. Before investing, pleas review this filing, all past public filings with the SEC, all current Pinksheets.com filings and consult a registered broker dealer or contact the financial industry regulatory authority ("FINRA") for more information regarding locating a qualified party to assist in making an investment decision. The company undertakes no obligation to publicly update these forward looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact company's success are more fully disclosed in the company's most recent public filings with the U.S. Securities and Exchange Commission. Forward-looking statements are typically identified by the use of the terms such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "might," "plan," "predict," "project," "should," "will," and similar words, although some forward-looking statements are expressed differently. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
SOURCE Quad Energy Corp.