Equities

Cardinal Energy Ltd (Alberta)

Cardinal Energy Ltd (Alberta)

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  • Price (USD)5.11
  • Today's Change0.044 / 0.87%
  • Shares traded20.84k
  • 1 Year change+5.05%
  • Beta--
Data delayed at least 15 minutes, as of May 17 2024 20:03 BST.
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About the company

Cardinal Energy Ltd. is an oil and gas company with operations focused on low decline oil in Western Canada. It is engaged in the acquisition, exploration and production of petroleum 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. It has over 730 million original oils in place (OOIP) and its low decline production of approximately 3,200 barrels of oil equivalent per day (boe/d) is supported by both water and carbon dioxide (CO2) enhanced oil recovery (EOR). 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 original oil in place (OOIP) pools. Its North area includes Grande Prairie, Clearwater, House Mountain, Mica, and Mitsue properties.

  • Revenue in CAD (TTM)486.17m
  • Net income in CAD104.03m
  • Incorporated2015
  • Employees166.00
  • Location
    Cardinal Energy Ltd (Alberta)600-400 3 Ave SWCALGARY T2P 4H2CanadaCAN
  • Phone+1 (403) 234-8681
  • Fax+1 (403) 218-9345
  • Websitehttps://cardinalenergy.ca/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
CJ:TOR since
announced
Transaction
value
Summerland Energy Inc-AssetsDeal completed03 Oct 202303 Oct 2023Deal completed-1.69%18.28m
Data delayed at least 15 minutes, as of May 17 2024 21:00 BST.
Data Provided by LSEG
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