ITEM 4.01. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT

Previous independent registered public accounting firm

On June 25, 2008, Capital City Energy Group Inc. ("CETG" or the "Registrant") dismissed its independent auditor, Moore and Associates, Certified Public Accountants ("Moore"). The decision to dismiss Moore as the Company's independent registered public accounting firm was recommended and approved by the Company's Board of Directors at their monthly meeting held on June 23, 2008.

The report of Moore on CETG's consolidated financial statements for the fiscal year ended October 31, 2007 and the previous fiscal year ended October 31, 2006 review did not contain any adverse opinion or disclaimer of opinion and was not qualified or modified as to uncertainty, audit scope or accounting principle. Additionally, Moore's review of our interim periods ending December 31, 2007 and first quarter ended March 31, 2008 did not contain any adverse opinion or disclaimer of opinion and was not qualified or modified as to uncertainty, audit scope or accounting principle.

During the Registrant's two most recent fiscal years, namely the fiscal year s ended October 31, 2006 and October 31, 2007 as well as the new fiscal year ended December 31, 2007, and the subsequent interim period through the dismissal of Moore on June 25, 2008, the Company has not had any disagreements with Moore on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of Moore, would have caused them to make reference thereto in their report on the Registrant's consolidated financial statements for such year.

New independent registered public accounting firm

On June 25, 2008, CETG engaged GBH CPAs, PC ("GBH") of Houston, Texas as the Registrant's independent accountants to report on the Registrant's consolidated balance sheet as of December 31, 2008, and the related consolidated statements of income, stockholders' equity and cash flows for the year then ended. The decision to appoint GBH was approved by the Registrant's Board of Directors.

During the Registrant's two most recent fiscal years and any subsequent interim period prior to the engagement of GBH, neither the Registrant nor anyone on the Registrant's behalf consulted with GBH regarding either (i) the application of accounting principles to a specified transaction, either contemplated or proposed, or the type of audit opinion that might be rendered on the Registrant's financial statements, or (ii) any matter that was either the subject of a "disagreement" or a "reportable event."

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

Exhibit 16.1 Letter from Moore and Associates to the Securities and Exchange Commission dated July 14, 2008.