Cardinal Energy Ltd. confirms that our May dividend of $0.06 per common share will be paid on June 15, 2026 to shareholders of record on May 29, 2026. The Board of Directors of Cardinal has declared the dividend payable in cash. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes. About Cardinal Energy Ltd. Cardinal is a Canadian oil and natural gas production company with [...]
Cardinal Energy Ltd. is pleased to announce the results of the vote on directors at its annual shareholders' meeting held on May 7, 2026 . A total of 57,468,030 votes representing 33.09% of the total votes entitled to vote at the Meeting, were voted in connection with the election of directors. The voting results for the six directors nominated for election are set forth in the table below. Name of Nominee Votes For [...]
Cardinal Energy Ltd. is pleased to announce its operating and financial results for the first quarter ended March 31, 2026. 2026 Cardinal achieved record quarterly production of 25,948 boe/d in the first quarter due to a full quarter of production from the Reford steam-assisted gravity drainage project. First quarter 2026 production increased by 18% compared to the same period in 2025; Adjusted funds flow for the first [...]
Cardinal Energy Ltd. confirms that our April dividend of $0.06 per common share will be paid on May 15, 2026 to shareholders of record on April 30, 2026. The Board of Directors of Cardinal has declared the dividend payable in cash. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes. About Cardinal Energy Ltd. Cardinal is a Canadian oil and natural gas production company with [...]
Cardinal Energy Ltd. is pleased to announce its operating and financial results for the fourth quarter and year ended December 31, 2025. 2025 Cardinal achieved record production of 23,514 boe/d in the fourth quarter due to the Reford steam-assisted gravity drainage project moving into the production phase during the quarter and our conventional base production remaining resilient. Fourth quarter 2025 production increased [...]
Cardinal Energy Ltd. confirms that our March dividend of $0.06 per common share will be paid on April 15, 2026 to shareholders of record on March 31, 2026. The Board of Directors of Cardinal has declared the dividend payable in cash. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes. About Cardinal Energy Ltd. Cardinal is a Canadian oil and natural gas production company with [...]
Cardinal Energy Ltd. is pleased to present the results of its independent reserve reports effective December 31, 2025. Consistent with prior years, Cardinal's year-end 2025 non-thermal reserves were evaluated by GLJ Ltd. . The thermal reserves were independently evaluated by McDaniel & Associates Consultants Ltd. . The 2025 financial information in this news release is unaudited and accordingly, such financial information [...]
Cardinal Energy Ltd. confirms that our February dividend of $0.06 per common share will be paid on March 16, 2026 to shareholders of record on February 27, 2026. The Board of Directors of Cardinal has declared the dividend payable in cash. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes. About Cardinal Energy Ltd. Cardinal is a Canadian oil and natural gas production company [...]
Cardinal Energy Ltd. is pleased to announce that it has completed its previously announced upsized bought deal offering of common shares with a syndicate of underwriters co-led by RBC Capital Markets and CIBC Capital Markets and including ATB Capital Markets, BMO Capital Markets, Peters & Co. Limited and Raymond James Ltd. . In connection with the Offering, Cardinal issued 12.1 million Common Shares, inclusive of 1.1 [...]
SEDAR+ CALGARY, AB , Jan. 29, 2026 /CNW/ - Cardinal Energy Ltd. is pleased to announce that, as a result of strong demand, it has agreed with the syndicate of underwriters co-led by RBC Capital Markets and CIBC Capital Markets, acting as joint-bookrunners, to increase the size of its previously announced bought deal equity financing from $86.5 million to $95.15 million . The Underwriters have agreed to purchase for resale [...]
SEDAR+ Cardinal Energy Ltd. is pleased to announce that it has entered into an agreement with a syndicate of underwriters co-led by RBC Capital Markets and CIBC Capital Markets, acting as joint-bookrunners, pursuant to which the Underwriters have agreed to purchase for resale to the public, on a bought deal basis, 10,000,000 common shares in the capital of the Company at an issue price of $8.65 per Common Share for gross [...]
Cardinal Energy Ltd. wishes to provide an update on its thermal evaluation and development program and the advancement of two future steam-assisted gravity drainage oil development projects - and . These projects build on the success and technical foundation of the Company's Reford 1 SAGD development aligning with Cardinal's strategy to responsibly grow its thermal portfolio in high-quality, long-life reservoirs [...]