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.

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Cardinal Energy Ltd (Alberta) > Up 5.21% What a finish !

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Comment by MohelJFoxon Oct 04, 2022 4:25pm

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Post# 35005109

RE:RE:Up 5.21% What a finish !

Check your Sept 22 news Pizon

The achievement of this goal allows us to increase our returns to shareholders. The Board of Directors of Cardinal has approved an increase in our monthly dividend for the fourth quarter of 2022 from $0.05 per common share to $0.06 per common share. This represents a 20% increase in our monthly dividend.

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