Cardinal Energy Ltd.

Cardinal Energy Ltd. confirms that our August dividend of $0.06 per common share will be paid on September 16, 2024 to shareholders of record on August 30, 2024. 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, 2024. 2024 Average production volumes of 22,376 boe/d were 3% higher than the first quarter of 2024, despite shutting in 250 boe/d of subeconomic natural gas, as volumes from the Company's strong first quarter drilling program positively impacted the quarter; Adjusted funds flow increased 55% over the [...]

Cardinal Energy Ltd. confirms that our July dividend of $0.06 per common share will be paid on August 15, 2024 to shareholders of record on July 31, 2024. 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, 2024 to shareholders of record on June 28, 2024. 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 has released our 2023 Environmental, Social and Governance Report today, which outlines our [...]

Cardinal Energy Ltd. announces it has entered into an agreement with its syndicate of lenders to extend and increase its credit facilities . The Facilities were increased to $200 million and the revolving period and maturity date were extended to May 31, 2025 and May 31, 2026, respectively. In connection with the renewal, Cardinal has received a reserve based lending commitment from a new lender, Business Development Bank [...]

Cardinal Energy Ltd. confirms that its May dividend of $0.06 per common share will be paid on June 14, 2024, to shareholders of record on May 31, 2024. 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 focused [...]

Cardinal Energy Ltd. held its annual shareholders meeting today. A total of 48,249,075 votes representing 30.224% of the total votes entitled to vote at the Meeting, were voted in connection with the matters considered at the Meeting. Full results for all resolutions are set forth below. 1. Fixing number of Directors By ordinary resolution passed via ballot, the number of directors to be elected at the Meeting was fixed [...]

Cardinal Energy Ltd. is pleased to announce its operating and financial results for the first quarter ended March 31, 2024. 2024 Production for the first quarter of 2024 was consistent with the first quarter of 2023 and was higher than budget for the quarter. First quarter production further evidenced the strength of Cardinal's low-decline asset base, with production being flat to the first quarter of 2023 despite minimal [...]

Cardinal Energy Ltd. confirms that its April dividend of $0.06 per common share will be paid on May 15, 2024, to shareholders of record on April 30, 2024. 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. is pleased to announce its operating and financial results for the fourth quarter and year ended December 31, 2023. 2023 Production for the fourth quarter and for the full year of 2023 increased by 4% and 1%, respectively, over the same periods in 2022. Adjusted funds flow for the fourth quarter was $64.0 million and for fiscal 2023 was $253.7 million. For the full year 2023, adjusted funds flow was [...]