Cardinal Energy Ltd.

Cardinal Energy Ltd. confirms that our September dividend of $0.05 per common share will be paid on October 17, 2022 to shareholders of record on September 30, 2022. 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 expects to achieve Phase Three of our debt reduction / returns to shareholders [...]

Cardinal Energy Ltd. confirms that our August dividend of $0.05 per common share will be paid on September 15, 2022 to shareholders of record on August 31, 2022. 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 Energy announces its record operating and financial results for the second quarter ended June 30, 2022. Selected financial and operating information is shown below and should be read in conjunction with Cardinal's unaudited condensed interim financial statements and related Management's Discussion and Analysis for the three and six month periods ended June 30, 2022 which are available at www.sedar.com and on our [...]

Cardinal Energy confirms that our July dividend of $0.05 per common share will be paid on August 15, 2022 to shareholders of record on July 29, 2022. 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 Energy is pleased to announce that holders of all outstanding warrants to acquire common shares of the Company have exercised such warrants, resulting in aggregate proceeds to Cardinal of approximately $12.4 million. The proceeds were used to reduce Cardinal's outstanding debt further supporting the Company's net debt reduction strategy. There are no remaining warrants outstanding.

In connection with the [...]

Cardinal Energy confirms that our dividend of $0.05 per common share will be paid on July 15, 2022 to shareholders of record on June 30, 2022. 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 works to continually improve its Environmental, Social and Governance [...]

Cardinal Energy Ltd. held its annual and special shareholders meeting today. A total of 67,105,353 votes representing 43.92% 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.

Cardinal Energy announces its operating and record financial results for the first quarter ended March 31, 2022. First quarter 2022 total production increased 12% over the same period in 2021 with crude oil production increasing by 18%; Adjusted funds flow(1) increased to a record $86.6 million, a 436% increase over the same period in 2021 and a 62% increase over the prior quarter;

Cardinal Energy Ltd. is pleased to announce its operating and financial results for the fourth quarter and year ended December 31, 2021. 2021 Fourth quarter 2021 production increased 10% over the same period in 2020; In the fourth quarter of 2021, adjusted funds flow increased 293% to $53.5 million as compared to the fourth quarter of 2020. Adjusted funds flow for 2021 increased to $132.5 million, a 202% increase over [...]

Cardinal Energy Ltd. is pleased to present the results of its independent reserve report effective December 31, 2021. One hundred percent of Cardinal's year-end 2021 reserves were evaluated by independent reserves evaluator GLJ Ltd. with an effective date of December 31, 2021 . The 2021 financial information in this news release is unaudited and accordingly, such financial information is subject to change based on the [...]