Cardinal Energy is pleased to announce that it has entered into agreements with two private companies to purchase assets in Cardinal's core Bantry area for an aggregate purchase price of approximately $27 million before adjustments. The Acquisitions add approximately 350 Boe/d (90% oil and NGLs) of high netback production. In connection with the Acquisitions, Cardinal also announces a bought deal private placement of [...]
Cardinal is pleased to announce that it has adopted a dividend reinvestment plan and a stock dividend program. Eligible shareholders may elect to participate in the DRIP or the SDP commencing with the dividend to be paid on February 17, 2014 to shareholders on record as of January 31, 2014. Participation in the DRIP or the SDP is optional and will not affect shareholders' cash dividends unless they elect to participate in [...]
CALGARY, ALBERTA--(Marketwired - Jan 7, 2014) - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX:CJ) is pleased to announce that Mr. Greg Tisdale has joined its Board of Directors effective today. Mr. Tisdale is the Chief Financial Officer of Crescent Point Energy Ltd., a role he has held since 2004. During the past ten years he has managed all aspects of Crescent Point's finances. Mr. Tisdale has worked in the oil [...]
Cardinal Energy is pleased to announce that it has issued an additional 2,142,857 common shares at $10.50 per share for gross proceeds of $22.5 million pursuant to the exercise in full of the underwriters' over-allotment option in connection with its recently completed public offering. In total, Cardinal has raised $247.5 million pursuant to the public offering. The public offering was underwritten by a syndicate of [...]
Cardinal is pleased to announce that it has closed its initial public offering of 21,428,571 common shares at a price of $10.50 per Common Share. The gross proceeds from the Offering totalled approximately $225 million. The Offering was underwritten by a syndicate of underwriters co-led by RBC Capital Markets and CIBC and included GMP Securities L.P., Macquarie Capital Markets Canada Ltd., Scotiabank and FirstEnergy [...]
Cardinal Energy is pleased to announce that it has entered into an underwriting agreement for its initial public offering of 21,428,571 common shares at a price of $10.50 per share. The offering will generate gross proceeds of $225 million. Closing is scheduled for December 17, 2013, subject to customary closing conditions. The underwriting syndicate for the offering is co-led by RBC Capital Markets and CIBC World Markets [...]
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