COLUMBUS, Ohio — Capital City Energy Group has hired Doug Crawford as Chief Accounting Officer.
Crawford brings 19 years experience to the company. Nine of those years were spent as CFO with Ports Petroleum Co. Inc., one of the largest wholesalers of gasoline in the midwest with 80 Fuel Marts in 15 states and over $750 million in gross revenue. Crawford remains on the company's board of directors.
"Doug brings an incredible level of experience to the company. His entrepreneurial drive and financial expertise are true assets to our company," said Tim Crawford, CEO of Capital City Energy Group. "He is a big-picture thinker who excels at investment reviews, operational oversight and raising capital."
Crawford's expertise lies in corporate development, operational strategies, business & financial analysis, securing collateral & financing as well as reporting & forecasting.
Crawford received his Bachelor of Business Administration in Accounting degree from Kent State University.
Doug will oversee the operations of the accounting office in North Canton, Ohio.
About Capital City Energy Group, Inc.
In addition to its three wholly owned subsidiaries, Capital City Energy Group (CETG) is a rapidly expanding energy company. It is an innovative leader in the design, management and sponsorship of retail and institutional direct participation energy programs and one of the few vertically integrated independent oil & natural gas companies operating today. CETG identifies and develops growth opportunities through drilling, operating, oil field service companies, acquisitions and fund management.
Capital City Energy Group is traded under the stock symbol CETG and is headquartered in Columbus, Ohio.
Visit Capital City Energy Group at www.capcityenergy.com.
Safe Harbor Statement: Investors and readers are cautioned that certain statements contained in this document, as well as some statements in periodic press releases and some oral statements of our officers and directors during presentations about our energy funds, along with Capital City Energy Group's filings with the Securities and Exchange Commission, including the Company's registration statements, quarterly reports on Form 10-Q and annual report on Form 10-KSB, are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements that are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "expects," "anticipates," "intends," "plans," "could," "might," "believes," "seeks," "estimates" or similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future actions, which may be provided by the Company's management, are also forward-looking statements as defined by the Act. Forward-looking statements are based on current expectations and projections about future events and are subject to various risks, uncertainties and assumptions about Capital City Energy Group, its technology, economic and market factors and the industries in which the Company does business, among other things. These statements are not guarantees of future performance and Capital City Energy Group, Inc. undertakes no specific obligation or intention to update these statements after the date of this release.
Contacts
CEOcast, Inc. for Capital City Energy Group, Inc.
Daniel Schustack, 212-732-4300
Editor's Note: Doug Crawford's zip code is 44721.
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