Quad Energy Corp. Announces Estimated Reserves for the Cave Pool Property

Mar 04, 2011, 18:17 ET from Quad Energy Corp.

ORLANDO, Fla., March 4, 2011 /PRNewswire/ -- Quad Energy Corp. (Pink Sheets: CDID) is pleased to announce it has received information on an estimate of the PUD reserves on the Cave Pool Unit.  This estimate is based on a third party reserve study on offset leases in the Greyburg formation.  The reserve report prepared by Russell Hall and Associates assigned gross reserves to each well on the offset leases at 35.3 MBbls oil and 35.3 MMcf gas (41.2 MBOE) per well.  These reserves are forecast to be produced with an initial production rate of 800 BOPM.

About Quad Energy Corp.

Quad Energy Corp. is 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"

On behalf of the Board of Quad Energy Corp

Contact us:

Fullerton Group Inc.

Tony R. Collins

Investor Relations Advisor

Toll Free 877 931-0110

Quad Energy Corp.

3208 C East Colonial Dr.

Orlando FL

32802

1 407 506-4397

info@quadenergycorp.com

For information please visit our website:

www.quadenergycorp.com

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 ad 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 foreword-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.

SOURCE Quad Energy Corp.



RELATED LINKS

http//www.quadenergycorp.com