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Cardinal Energy Ltd

Company Summary

Description

Cardinal Energy Ltd. is an oil focused Canadian company built to provide investors with sustainable yield and growth. Management is focused on a disciplined growth plan, both financially and operationally, while providing a sustainable dividend to its Shareholders.

Website

http://www.cardinalenergy.ca/

Operational Regions

  • Western Canadian Sedimentary Basin

Financial Data:


Tickers:

  • CJ - Toronto Stock Exchange

Recent news

  • 11/11/2022 - Cardinal Energy... (subscriber access)
  • 11/11/2022 - Cardinal Energy Notes... (subscriber access)
  • 11/11/2022 - Cardinal Energy... (subscriber access)
  • 11/11/2022 - Cardinal Energy Notes... (subscriber access)
  • 11/11/2022 - Cardinal Energy Notes... (subscriber access)

Investor Presentations

  • August 2019 Presentation
  • 3Q18 Investor Presentation (subscriber access)
  • 1Q18 Investor Presentation (subscriber access)
  • January 2018 Investor Presentation (subscriber access)
  • October 2017 Investor Presentation (subscriber access)
  • May 2017 Corporate Presentation (subscriber access)
  • Investor Presentation - November 2016 (subscriber access)
  • Cardinal Exploration - 2015 Q4 Report (subscriber access)

Company Transactions

Date: 7/15/2021
Type: Acquisition

BUYERS:
  • Cardinal Energy Ltd
    • SELLERS:
  • Venturion Oil Limited
    • DETAILS:

    COST: 47.5 $MM

    VOLUMES: 2.4 MBOE/d

    NOTES:
    Cardinal Energy has entered into a deal to acquire Venturion Oil for $47.5 million, including $27.9 million in cash and 6.3 million Cardinal common shares. The cash will first be used to pay down Ventiruion's net debt at closing, which totals $10.9 million.
    REGIONS:
  • Western Canadian Sedimentary Basin

    • Date: 3/7/2018
    Type: Acquisition

    SELLERS:
  • Cardinal Energy Ltd
    • DETAILS:

    COST: 24 $MM

    NOTES:
    Cardinal has signed a deal to sell various fee title lands in the Weyburn area of Saskatchewan and a new gross overriding royalty on the Mitsue Gilwood Unit
    REGIONS:
  • Weyburn EOR Field
  • Saskatchewan
  • Western Canadian Sedimentary Basin

    • Date: 6/30/2017
    Type: Acquisition

    BUYERS:
  • Cardinal Energy Ltd
    • SELLERS:
  • Apache Corporation
    • DETAILS:

    COST: 330 $MM

    VOLUMES: 5 MBOE/d

    REGIONS:
  • Western Canadian Sedimentary Basin

    • Date: 3/15/2017
    Type: Acquisition

    BUYERS:
  • Cardinal Energy Ltd
    • SELLERS:
  • Craft Oil
    • DETAILS:

    COST: 41 $MM

    VOLUMES: 1.625 MBOE/d

    REGIONS:
  • Western Canadian Sedimentary Basin