Cardinal Energy Ltd. Announces Monthly Dividend for June
Calgary, Alberta--(Newsfile Corp. - June 9, 2025) - 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 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...
2025-06-09 5:01 PM EDT
Cardinal Energy Ltd. Announces Monthly Dividend for May
Calgary, Alberta--(Newsfile Corp. - May 12, 2025) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") confirms that our May dividend of $0.06 per common share will be paid on June 16, 2025 to shareholders of record on May 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...
2025-05-12 5:01 PM EDT
Cardinal Energy Ltd. Announces Results of Director Elections
Calgary, Alberta--(Newsfile Corp. - May 9, 2025) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to announce the results of the vote on directors at its annual and special shareholders' meeting held on May 9, 2025 (the "Meeting"). A total of 53,879,300 votes representing 33.72% of the total votes entitled to vote at the Meeting, were voted in connection with the election of directors. The voting results for the six directors nominated for election are set...
2025-05-09 5:01 PM EDT
Cardinal Energy Ltd. Announces First Quarter 2025 Operating and Financial Results
Calgary, Alberta--(Newsfile Corp. - May 8, 2025) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to announce its operating and financial results for the first quarter ended March 31, 2025.FINANCIAL AND OPERATING HIGHLIGHTS FROM THE FIRST QUARTER OF 2025First quarter 2025 production of 22,005 boe/d increased by 1% compared to the same period in 2024. Crude oil and NGL production both increased by 3% whereas natural gas production decreased by 10% resulting in 90% crude...
2025-05-08 6:01 PM EDT
Cardinal Energy Ltd. Announces Monthly Dividend for April
Calgary, Alberta--(Newsfile Corp. - April 14, 2025) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") confirms that our April dividend of $0.06 per common share will be paid on May 15, 2025 to shareholders of record on April 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...
2025-04-14 5:01 PM EDT
Cardinal Energy Ltd. Announces Appointment of New Officers
Calgary, Alberta--(Newsfile Corp. - April 1, 2025) - The Board of Directors of Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to announce today the appointments of Devin Sundstrom as Vice President, North Area and Heath Williamson as Vice President, Thermal Operations.Mr. Sundstrom joined Cardinal in 2023 as Manager, North Operations. Mr. Sundstrom has over 30 years of experience in the oil and gas industry. Mr. Sundstrom's experience has included production engineering, drilling and completions and exploitation...
2025-04-01 8:00 AM EDT
Cardinal Energy Ltd. Announces Fourth Quarter 2024 and Year-End Financial Results
Calgary, Alberta--(Newsfile Corp. - March 13, 2025) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to announce its operating and financial results for the fourth quarter and year ended December 31, 2024.HIGHLIGHTS FROM THE FOURTH QUARTER AND FULL YEAR OF 2024Average production for the fourth quarter was 21,916 boe/d which led to annual production of 21,776 boe/d, consistent with 2023 despite capital expenditures that were 12% lower year over year;Adjusted funds flow(1) for the fourth quarter...
2025-03-13 6:05 PM EDT
Cardinal Energy Ltd. Announces Monthly Dividend for March
Calgary, Alberta--(Newsfile Corp. - March 10, 2025) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") confirms that our March dividend of $0.06 per common share will be paid on April 15, 2025 to shareholders of record on March 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...
2025-03-10 5:00 PM EDT
Cardinal Energy Ltd. Announces Closing of $45 Million Bought Deal Offering of Senior Subordinated Unsecured Debentures
Calgary, Alberta--(Newsfile Corp. - March 4, 2025) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to announce that it has completed its previously announced offering (the "Offering") of senior subordinated unsecured debentures ("Debentures") with a syndicate of underwriters co-led by CIBC Capital Markets, RBC Capital Markets and ATB Capital Markets, with CIBC Capital Markets and RBC Capital Markets acting as joint-bookrunners, and including BMO Capital Markets, Peters & Co. Limited, Canaccord Genuity Corp. and Raymond James...
2025-03-04 8:42 AM EST
Cardinal Energy Ltd. Announces 2024 Year-End Reserves, Formal Recognition of Reford Thermal Project
Calgary, Alberta--(Newsfile Corp. - February 24, 2025) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to present the results of its independent reserve report effective December 31, 2024. Consistent with prior years, Cardinal's year-end 2024 non-thermal reserves were evaluated by GLJ Ltd. ("GLJ"). The thermal reserves were independently evaluated by McDaniel & Associates Consultants Ltd. ("McDaniel") (the GLJ report and the McDaniel report being collectively the "2024 Reserve Report"). The 2024 financial information in...
2025-02-24 5:30 AM EST
Cardinal Energy Ltd. Announces Monthly Dividend for February
Calgary, Alberta--(Newsfile Corp. - February 10, 2025) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") confirms that our February dividend of $0.06 per common share will be paid on March 17, 2025 to shareholders of record on February 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.About Cardinal Energy Ltd. Cardinal is a Canadian oil and natural gas...
2025-02-10 5:01 PM EST
Cardinal Energy Ltd. Announces the 2025 Budget
Calgary, Alberta--(Newsfile Corp. - January 15, 2025) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to announce the 2025 budget.2025 BUDGET HIGHLIGHTSGenerate adjusted funds flow(1) of $217 million(2) ($1.30 per diluted share) at US$70 WTI;Average annual production of 21,300 to 21,700 boe/d for 2025 with exit 2025 production in excess of 24,500 boe/d as the Reford project begins to contribute volumes in the fourth quarter of 2025;Executing a conventional capital budget of $71 million and...
2025-01-15 8:00 AM EST
Cardinal Energy Ltd. Announces Monthly Dividend for January
Calgary, Alberta--(Newsfile Corp. - January 13, 2025) - 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 18, 2025 to shareholders of record on January 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...
2025-01-13 4:30 PM EST
Cardinal Energy Ltd. Announces Closing of $60 Million Bought Deal Offering of Senior Subordinated Unsecured Debentures and Common Share Purchase Warrants
Calgary, Alberta--(Newsfile Corp. - January 3, 2025) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to announce that it has completed its previously announced offering (the "Offering") of units (the "Units") of Cardinal with a syndicate of underwriters (the "Underwriters") led by CIBC Capital Markets and including ATB Securities Inc., RBC Capital Markets., BMO Capital Markets, Peters & Co. Limited, Canaccord Genuity Corp., iA Private Wealth Inc., Raymond James Ltd. and Haywood Securities Inc.In connection with...
2025-01-03 8:32 AM EST
Cardinal Energy Ltd. Announces Redetermination and Upsizing of Credit Facility
Calgary, Alberta--(Newsfile Corp. - December 12, 2024) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") announces it has entered into an agreement with its syndicate of lenders to redetermine and increase its credit facilities ("Facilities"). The Facilities were increased to $275 million (previously $200 million) while the revolving period and maturity date remain the same at May 31, 2025 and May 31, 2026, respectively. Cardinal has received a reserve based lending commitment from a new lender, Trafigura. The...
2024-12-12 5:01 PM EST
Cardinal Energy Ltd. Announces Monthly Dividend for December
Calgary, Alberta--(Newsfile Corp. - December 9, 2024) - 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, 2025 to shareholders of record on December 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...
2024-12-09 5:01 PM EST
Cardinal Energy Ltd. Announces Monthly Dividend for November
Calgary, Alberta--(Newsfile Corp. - November 12, 2024) - 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 16, 2024 to shareholders of record on November 29, 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...
2024-11-12 7:30 AM EST
Cardinal Energy Ltd. Announces Third Quarter 2024 Operating and Financial Results
Calgary, Alberta--(Newsfile Corp. - November 7, 2024) - 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, 2024.FINANCIAL AND OPERATING HIGHLIGHTS FROM THE THIRD QUARTER OF 2024Third quarter production of 21,128 boe/d was impacted by a planned Company operated plant turnaround and an unplanned third-party facility turnaround as well as the voluntary shut-in of natural gas production due to pricing;Adjusted funds flow(1) of...
2024-11-07 7:24 PM EST
Cardinal Energy Ltd. Announces Monthly Dividend for October
Calgary, Alberta--(Newsfile Corp. - October 11, 2024) - 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, 2024 to shareholders of record on October 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...
2024-10-11 5:01 PM EDT
Cardinal Energy Ltd. Announces Monthly Dividend for September
Calgary, Alberta--(Newsfile Corp. - September 9, 2024) - 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 15, 2024 to shareholders of record on September 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...
2024-09-09 5:01 PM EDT