Cardinal Energy Ltd. Announces Monthly Dividend For January

2025-01-13 07:06:14

(MENAFN- Newsfile Corp) 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 with operations focused on low decline oil in Western Canada. Cardinal differentiates itself from its peers by having the lowest decline conventional asset base in Western Canada. Cardinal has recently announced the commencement of its first thermal SAGD oil development project which will further increase the long-term sustainability of the Company.

For further information:

M. Scott Ratushny, CEO or Shawn Van Spankeren, CFO or Laurence Broos, VP Finance
Email: ...
Phone: (403) 234-8681

To view the source version of this press release, please visit

SOURCE: Cardinal Energy Ltd.

MENAFN13012025004218003983ID1109086440

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.