CALGARY, Alberta, Dec. 12, 2017 -- Cardinal Energy Ltd. announced today that its Board of Directors has approved a capital expenditure budget for 2018 that focuses on maintaining a sustainable dividend and development of our existing asset base. The 2018 capital budget is designed to achieve significant growth in adjusted funds flow per share and maintaining the Company's annualized dividend at $0.42/share. Cardinal would [...]
CALGARY, Alberta, Nov. 09, 2017 -- Cardinal Energy Ltd. of Calgary, Alberta announces the departure of Mr. Shane Peet President of Cardinal effective immediately. Mr. Scott Ratushny, Cardinal’s CEO will resume the title of President, a position he held until May 11, 2015. Mr. Peet has been with Cardinal since its inception and the management, staff and directors of Cardinal thank him for his valuable contributions [...]
CALGARY, Alberta, Nov. 08, 2017 (GLOBE NEWSWIRE) -- Cardinal Energy Ltd. ("Cardinal") (TSX:CJ) confirms that a dividend of $0.035 per common share will be paid on December 15, 2017 to shareholders of record on November 30, 2017. 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 [...]
CALGARY, Alberta, Nov. 07, 2017 (GLOBE NEWSWIRE) -- (TSX:CJ) Cardinal Energy Ltd. ("Cardinal" or the "Company") is pleased to announce its operating and financial results for the quarter ended September 30, 2017. The Company's unaudited financial statements and management's discussion and analysis for the quarter ended September 30, 2017, will be available on the System for Electronic Document Analysis and Retrieval [...]
CALGARY, Alberta, Oct. 11, 2017 (GLOBE NEWSWIRE) -- Cardinal Energy Ltd. ("Cardinal") (TSX:CJ) confirms that a dividend of $0.035 per common share will be paid on November 15, 2017 to shareholders of record on October 31, 2017. 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 [...]
CALGARY, Alberta, Sept. 11, 2017 (GLOBE NEWSWIRE) -- Cardinal Energy Ltd. ("Cardinal") (TSX:CJ) confirms that a dividend of $0.035 per common share will be paid on October 16, 2017 to shareholders of record on September 29, 2017. 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 [...]
CALGARY, Alberta, Aug. 10, 2017 (GLOBE NEWSWIRE) -- Cardinal Energy Ltd. ("Cardinal") (TSX:CJ) confirms that a dividend of $0.035 per common share will be paid on September 15, 2017 to shareholders of record on August 31, 2017. 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 [...]
CALGARY, Alberta, Aug. 01, 2017 (GLOBE NEWSWIRE) -- (TSX:CJ) Cardinal Energy Ltd. ("Cardinal" or the "Company") is pleased to announce its operating and financial results for the quarter ended June 30, 2017, as well as the appointment of a new member to its Board of Directors. The Company's unaudited financial statements and management's discussion and analysis for the quarter ended June 30, 2017, will be available on [...]
Cardinal Energy confirms that a dividend of $0.035 per common share will be paid on August 15, 2017 to shareholders of record on July 31, 2017. 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 junior Canadian oil focused company built to provide investors with [...]
CALGARY, ALBERTA--(Marketwired - Jun 30, 2017) - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX:CJ)(TSX:CJ.DB) has closed the previously announced light oil acquisition (the "Acquisition") in the Weyburn/Midale area of southeast Saskatchewan and in the House Mountain area of Alberta. The total purchase price for the Acquisition, net of preliminary adjustments, was approximately $300 million, a reduction of $20 [...]
CALGARY, ALBERTA--(Marketwired - June 21, 2017) - NOT FOR DISSEMINATION IN THE UNITED STATES, FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW. Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX:CJ) is pleased to announce that it has completed its previously announced bought deal financing of 30,910,000 subscription receipts (the "Subscription Receipts") at a price of [...]
CALGARY, ALBERTA--(Marketwired - Jun 14, 2017) - Cardinal Energy Ltd. ("Cardinal") (TSX:CJ) confirms that a dividend of $0.035 per common share will be paid on July 17, 2017 to shareholders of record on June 30, 2017. 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 [...]