Cardinal Energy Ltd. is pleased to announce our 2026 budget. 2026 BUDGET HIGHLIGHTS We are forecasting average annual production of 25,000 to 25,500 boe/d for 2026, which represents 15% growth from average volumes delivered in 2025, with Reford contributing to a full year of operations; Our 2026 capital budget of $75 million will be heavily weighted towards our conventional assets with only minimal investment now required [...]
Cardinal Energy Ltd. confirms that our January dividend of $0.06 per common share will be paid on February 17, 2026 to shareholders of record on January 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. The Company is also pleased to announce it has exceeded the nameplate capacity at its [...]
Cardinal Energy Ltd. confirms that our December dividend of $0.06 per common share will be paid on January 15, 2026 to shareholders of record on December 31, 2025. 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 company with [...]
Cardinal Energy Ltd. confirms that our November dividend of $0.06 per common share will be paid on December 15, 2025 to shareholders of record on November 28, 2025. 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. Production from the Reford Central Production Facility has averaged approximately 4,000 [...]
Cardinal Energy Ltd. is pleased to announce its operating and financial results for the third quarter ended September 30, 2025. 2025 Third quarter 2025 production was 20,772 boe/d as we continued to focus our capital expenditures on the completion of the Reford steam-assisted gravity drainage project; Adjusted funds flow in the third quarter of 2025 was $47.3 million, which was directed to finalizing construction of the [...]
Cardinal Energy Ltd. confirms that our October dividend of $0.06 per common share will be paid on November 17, 2025 to shareholders of record on October 31, 2025. 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 company with [...]
Cardinal Energy Ltd. is pleased to announce the ceremonial opening of our Reford Steam-Assisted Gravity Drainage oil project in Saskatchewan. To celebrate this significant milestone for the Company and the Province, Cardinal hosted a ribbon cutting ceremony that included Saskatchewan Premier Scott Moe, Saskatchewan Minister of Energy and Resources, Colleen Young, alongside several key partners that were instrumental in [...]
Cardinal Energy Ltd. confirms that our September dividend of $0.06 per common share will be paid on October 15, 2025 to shareholders of record on September 30, 2025. 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. Cardinal would like to announce it commenced injecting steam into its first thermal oil [...]
Cardinal Energy Ltd. confirms that our August dividend of $0.06 per common share will be paid on September 15, 2025 to shareholders of record on August 29, 2025. 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 company with [...]
Cardinal Energy Ltd. is pleased to announce its operating and financial results for the second quarter ended June 30, 2025. 2025 Second quarter 2025 production of 21,184 boe/d which was 3% higher than budget despite drilling only one conventional oil producer in the first half of 2025 as we continued to focus our capital expenditures on the completion of the Reford steam-assisted gravity drainage project; Adjusted funds [...]
Cardinal Energy Ltd. confirms that our July dividend of $0.06 per common share will be paid on August 15, 2025 to shareholders of record on July 31, 2025. 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 company with operations [...]
Cardinal Energy Ltd. confirms that our June dividend of $0.06 per common share will be paid on July 15, 2025 to shareholders of record on June 30, 2025. 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 company with operations [...]
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