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Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF

Energy Oil & Gas E&P
Cardinal Energy Ltd. is a Canadian oil and natural gas company with operations focused on low decline oil in Western Canada. The Company is engaged in the acquisition, development, optimization and production of crude oil and natural gas in the provinces of Alberta, British Columbia and Saskatchewan. Its operating areas include the Midale, South District, Central District, and North District. Its Midale operating area of over 730 million barrels of original oil in place (OOIP) and its low decline in production of 3,200 barrels of oil equivalent per day (boe/d) (net) is supported by both waterflood and CO2 enhanced oil recovery. Its South District operating area is located east of Calgary in southeastern Alberta and produces medium gravity crude, as well as liquids-rich natural gas. Its Central District operation is located in East Central Alberta, which is focused on producing oil from multiple, large OOIP pools. Its North area includes Grande Prairie, Clearwater and other properties.


TSX:CJ - Post by User

Cardinal Energy Ltd (Alberta)
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Post by birdie22on Oct 11, 2017 5:53pm
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Post# 26801629

CARDINAL ENERGY LTD. CONFIRMS MONTHLY DIVIDEND FOR OCTOBER

CARDINAL ENERGY LTD. CONFIRMS MONTHLY DIVIDEND FOR OCTOBER  Cardinal Energy to pay 3.5-cent Oct. dividend Nov. 15

Cardinal Energy Ltd (C:CJ)
Shares Issued 110,324,045
Last Close 10/11/2017 $4.42
Wednesday October 11 2017 - News Release

Mr. M. Scott Ratushny reports

CARDINAL ENERGY LTD. CONFIRMS MONTHLY DIVIDEND FOR OCTOBER

A dividend of 3.5 cents per Cardinal Energy Ltd. common share will be paid on Nov. 15, 2017, to shareholders of record on Oct. 31, 2017. 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 junior Canadian oil-focused company built to provide investors with a stable platform for dividend income and growth. Cardinal's operations are focused in low-decline light and medium quality oil in Alberta and Saskatchewan.

© 2017 Canjex Publishing Ltd. 

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