CALGARY, Alberta, March 16, 2023 (GLOBE NEWSWIRE) — Cardinal Energy Ltd. (“Cardinal” or the “Company“) (TSX: CJ) confirms that our March dividend of $0.06 per common share will be paid on April 14, 2023 to shareholders of record on March 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 Environmental, Social and Governance profile and operates its assets in a responsible and environmentally sensitive manner. As part of this mandate, … Continue Reading

CALGARY, Alberta, March 13, 2023 (GLOBE NEWSWIRE) — Cardinal Energy Ltd. (“Cardinal” or the “Company”) (TSX: CJ) is pleased to announce its operating and financial results for the fourth quarter and year ended December 31, 2022.

HIGHLIGHTS FROM THE FOURTH QUARTER AND FULL YEAR OF 2022

CALGARY, Alberta, Feb. 27, 2023 (GLOBE NEWSWIRE) — Cardinal Energy Ltd. (“Cardinal” or the “Company“) (TSX: CJ) is pleased to present the results of its independent reserve report effective December 31, 2022. One hundred percent of Cardinal’s year-end 2022 reserves were evaluated by independent reserves evaluator GLJ Ltd. (“GLJ”) with an effective date of December 31, 2022 (the “2022 Reserve Report”). The 2022 financial information in this news release is unaudited and accordingly, such financial information is subject to change based on the results of the Company’s year-end audit.

Cardinal’s 2022 year-end reserves reflect the quality and sustainability of our … Continue Reading

CALGARY, Alberta, Feb. 13, 2023 (GLOBE NEWSWIRE) — Cardinal Energy Ltd. (“Cardinal” or the “Company“) (TSX: CJ) confirms that our February dividend of $0.06 per common share will be paid on March 15, 2023 to shareholders of record on February 28, 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 Environmental, Social and Governance profile and operates its assets in a responsible and environmentally sensitive manner. As part of this mandate, … Continue Reading

CALGARY, Alberta, Jan. 09, 2023 (GLOBE NEWSWIRE) — Cardinal Energy Ltd. (“Cardinal” or the “Company“) (TSX: CJ) confirms that our January dividend of $0.06 per common share will be paid on February 15, 2023 to shareholders of record on January 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 Environmental, Social and Governance profile and operates its assets in a responsible and environmentally sensitive manner. As part of this mandate, … Continue Reading

CALGARY, Alberta, Dec. 12, 2022 (GLOBE NEWSWIRE) — Cardinal Energy Ltd. (“Cardinal” or the “Company“) (TSX: CJ) confirms that our December dividend of $0.06 per common share will be paid on January 16, 2023 to shareholders of record on December 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 profile and operates its assets in a responsible and environmentally sensitive manner. As part of this mandate, … Continue Reading

CALGARY, Alberta, Nov. 14, 2022 (GLOBE NEWSWIRE) — Cardinal Energy Ltd. (“Cardinal” or the “Company“) (TSX: CJ) confirms that our November dividend of $0.06 per common share will be paid on December 15, 2022 to shareholders of record on November 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 profile and operates its assets in a responsible and environmentally sensitive manner. As part of this mandate, … Continue Reading

CALGARY, Alberta, Nov. 08, 2022 (GLOBE NEWSWIRE) — Cardinal Energy Ltd. (“Cardinal” or the “Company“) (TSX: CJ) is pleased to announce its operating and financial results for the third quarter ended September 30, 2022 and its 2023 budget.

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 nine month periods ended September 30, 2022 which are available at www.sedar.com and on our website at www.cardinalenergy.ca.

FINANCIAL AND OPERATING HIGHLIGHTS FROM THE THIRD QUARTER OF 2022

CALGARY, Alberta, Oct. 11, 2022 (GLOBE NEWSWIRE) — Cardinal Energy Ltd. (“Cardinal” or the “Company“) (TSX: CJ) confirms that our October dividend of $0.06 per common share will be paid on November 15, 2022 to shareholders of record on October 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 expects to reach the final milestone of its Three Phase 2022 Debt Repayment / Shareholder Return Plan in the fourth quarter. We look forward to releasing our 2023 Budget and … Continue Reading

CALGARY, Alberta, Sept. 15, 2022 (GLOBE NEWSWIRE) — Cardinal Energy Ltd. (“Cardinal” or the “Company“) (TSX: CJ), is proud to announce that we have been included in the Toronto Stock Exchange’s 2022 TSX30TM, a flagship program recognizing the 30 top performing TSX stocks over a three-year period based on dividend-adjusted share price appreciation. For the three years ended June 30, 2022, Cardinal’s share price increased by 222%.

“I am extremely proud that Cardinal has been recognized as a leader in creating value for shareholders through our inclusion in the 2022 TSX30TM,” said Scott Ratushny, Chief Executive Officer of Cardinal Energy … Continue Reading

CALGARY, Alberta, Sept. 12, 2022 (GLOBE NEWSWIRE) — Cardinal Energy Ltd. (“Cardinal” or the “Company“) (TSX: CJ) 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 plan early in the fourth quarter of this year, which is triggered when our net debt (bank … Continue Reading

CALGARY, Alberta, Aug. 10, 2022 (GLOBE NEWSWIRE) — Cardinal Energy Ltd. (“Cardinal” or the “Company“) (TSX: CJ) 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.

About Cardinal Energy Ltd.

Cardinal works to continually improve its Environmental, Social and Governance profile and operates its assets in a responsible and environmentally sensitive manner. As part of this mandate, … Continue Reading