Mr. Jack Bal reports

CARDIFF ENERGY CORP. SIGNS PARTICIPATION AND JOINT VENTURE AGREEMENT

Cardiff Energy Corp. has signed a participation and joint venture agreement with Cache Exploration Inc. to finance the increased authority for expenditures (AFE) of $1.7-million (U.S.) for the Clayton No. 1H well and expedite the development of its Runnels county oil and gas leases in Texas.

Under the terms of the agreement, Cache will purchase a 15-per-cent working interest in the Clayton No. 1H for $256,000 (U.S.) from the company and will have the opportunity to purchase a 25-per-cent working interest on all future wells drilled on the company's leases in Runnels county. This participation and joint venture agreement is subject to TSX Venture Exchange approval.

Jack Bal, president and chief executive officer of Cardiff Energy, stated, "Cache's participation in the Clayton No. 1H and their desire to be a part of Cardiff's Runnels county drilling and exploration program shows confidence in the drilling of the Clayton No. 1H and further highlights the strength and upside potential of the oil and gas drilling program we are developing in Runnels county."

A new drill arrived at the Clayton No. 1H well on Aug. 19, 2015, and is working to case the well to depth, after which five days of horizontal drilling will take place to complete the drilling of the well.

We seek Safe Harbor.