Cardinal Energy Ltd. Announces 2023 Year-End Reserves
Calgary, Alberta--(Newsfile Corp. - February 22, 2024) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to present the results of its independent reserve report effective December 31, 2023. One hundred percent of Cardinal's year-end 2023 reserves were evaluated by independent reserves evaluator GLJ Ltd. ("GLJ") with an effective date of December 31, 2023 (the "2023 Reserve Report"). The 2023 financial information in this news release is unaudited and accordingly, such...
2024-02-22 5:51 PM EST
Cardinal Energy Ltd. Announces February Dividend and Operational Update
Calgary, Alberta--(Newsfile Corp. - February 12, 2024) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is announcing its February 2024 dividend and providing a general operations update. Cardinal intends to provide monthly operating updates, when applicable, with its monthly dividend news release.February 2024 DividendThe Company is confirming that its February dividend of $0.06 per common share will be paid on March 15, 2024, to shareholders of record on February 29, 2024. The...
2024-02-12 5:04 PM EST
Cardinal Energy Ltd. Announces Monthly Dividend for January
Calgary, Alberta--(Newsfile Corp. - January 8, 2024) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") confirms that our January dividend of $0.06 per common share will be paid on February 15, 2024 to shareholders of record on January 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...
2024-01-08 5:01 PM EST
Cardinal Energy Ltd. Announces Monthly Dividend for December
Calgary, Alberta--(Newsfile Corp. - December 11, 2023) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") confirms that our December dividend of $0.06 per common share will be paid on January 15, 2024 to shareholders of record on December 29, 2023. 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...
2023-12-11 5:01 PM EST
Cardinal Energy Ltd. Announces Monthly Dividend for November
Calgary, Alberta--(Newsfile Corp. - November 8, 2023) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") confirms that our November dividend of $0.06 per common share will be paid on December 15, 2023 to shareholders of record on November 30, 2023. 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...
2023-11-08 5:00 PM EST
Cardinal Energy Ltd. Announces Third Quarter 2023 Operating and Financial Results, Appointment of a New Director, Establishment of Thermal Operating Unit and Our 2024 Budget
Calgary, Alberta--(Newsfile Corp. - November 6, 2023) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to announce its operating and financial results for the third quarter ended September 30, 2023, the appointment of a new director, the establishment of a thermal operating unit and our 2024 budget.FINANCIAL AND OPERATING HIGHLIGHTS FROM THE THIRD QUARTER OF 2023Third quarter 2023 adjusted funds flow(1) of $81.2 million ($0.51 per share) was 45% higher than the prior...
2023-11-06 9:59 PM EST
Cardinal Energy Ltd. Announces Monthly Dividend for October
Calgary, Alberta--(Newsfile Corp. - October 10, 2023) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") confirms that our October dividend of $0.06 per common share will be paid on November 15, 2023 to shareholders of record on October 31, 2023. 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...
2023-10-10 5:00 PM EDT
Cardinal Energy Ltd. Announces Asset Acquisition
Calgary, Alberta--(Newsfile Corp. - October 3, 2023) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to announce it has completed an asset acquisition within its core operating areas for a purchase price of approximately $25.0 million. Based upon internal estimates effective July 1, 2023, the properties add an estimated 2.0 million barrels of proved developed producing ("PDP") reserves and are also expected to contribute approximately 900 boe/d of production...
2023-10-03 5:00 PM EDT
Cardinal Energy Ltd. Announces Monthly Dividend for September
Calgary, Alberta--(Newsfile Corp. - September 11, 2023) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") confirms that our September dividend of $0.06 per common share will be paid on October 16, 2023 to shareholders of record on September 29, 2023. 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...
2023-09-11 5:00 PM EDT
Cardinal Energy Ltd. Announces Monthly Dividend for August
Calgary, Alberta--(Newsfile Corp. - August 10, 2023) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") confirms that our August dividend of $0.06 per common share will be paid on September 15, 2023 to shareholders of record on August 31, 2023. 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...
2023-08-10 8:30 AM EDT
Cardinal Energy Ltd. Announces Second Quarter 2023 Operating and Financial Results
Calgary, Alberta--(Newsfile Corp. - July 27, 2023) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to announce its operating and financial results for the second quarter ended June 30, 2023.FINANCIAL AND OPERATING HIGHLIGHTS FROM THE SECOND QUARTER OF 2023Average production volumes of 21,047 boe/d were negatively impacted by approximately 700 boe/d due to short-term shut-in production associated with forest fires in northern Alberta in the second quarter. All shut-in...
2023-07-27 6:17 PM EDT
Cardinal Energy Ltd. Announces Monthly Dividend for July
Calgary, Alberta--(Newsfile Corp. - July 10, 2023) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") confirms that our July dividend of $0.06 per common share will be paid on August 15, 2023 to shareholders of record on July 31, 2023. 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...
2023-07-10 6:00 PM EDT
Cardinal Announces TSX Renewal of Normal Course Issuer Bid
Calgary, Alberta--(Newsfile Corp. - June 28, 2023) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to announce that the Toronto Stock Exchange (the "TSX") has accepted the notice of Cardinal's intention to renew its normal course issuer bid (the "NCIB"). As at June 27, 2023, Cardinal had previously purchased an aggregate of 3,724,156 Common Shares ("Common Shares") on the open market on the TSX and/or alternative Canadian trading systems at a volume weighted average...
2023-06-28 8:00 AM EDT
Cardinal Energy Ltd. Announces Monthly Dividend for June and the Release of Our 2022 ESG Report
Calgary, Alberta--(Newsfile Corp. - June 8, 2023) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") confirms that our June dividend of $0.06 per common share will be paid on July 14, 2023 to shareholders of record on June 30, 2023. 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 2022 Environmental, Social and Governance ("ESG")...
2023-06-08 5:00 PM EDT