CDID Quad Energy Corporation (CE)

ORLANDO, Feb. 8, 2011 /PRNewswire/ -- Quad Energy Corp. (Pink Sheets: CDID) is pleased to offer more details on its recent acquisition from Blugrass Energy of a 100% ownership in the Cave Pool Properties in Eddy County New Mexico.  The property has 2800 acres more or less of mineral leases with 30 existing wells.  Most of the wells are equipped with Pump Jacks and have flow lines running to existing treating facilities.  The property has complete electrical services to all wells.  All of the wells are in the Grayburg/Jackson formation.  This formation has been a prolific producer of hydrocarbons for many years.  The wells have been shut in since the middle of 2010.  Our optimization team has been studying the existing wells and believes we just need to restart some wells and rework others to achieve an expected production rate of 10 to 25 barrels of oil a day for the field.  Our future plans are to pursue an aggressive drilling program using twenty acre spacing per well, which management believes will offer enough acreage to develop upwards of one hundred vertical wells or thirty five horizontal wells.

About Quad Energy Corp.

Quad Energy Corp. is independent junior oil and as 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 "CDIC"

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

SOURCE Quad Energy Corp.