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Cardinal Energy Ltd (Alberta)
600-400 3 Ave SW
Phone: (403) 234-8681p:403 234-8681 CALGARY, AB  T2P 4H2  Canada Ticker: CJCJ

Business Summary
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.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
12/31/202312/31/2023Yes----

Industries
SIC Code Description
1311 Crude petroleum and natural gas

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chairman of the Board, Chief Executive Officer M. ScottRatushny 58 1/1/2018 5/1/2011
Chief Financial Officer Shawn A.Van Spankeren 49 1/15/2018 1/15/2018
Chief Operating Officer Dale J.Orton 48 11/9/2017 12/1/2016
11 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Venturion Oil Limited 500 4 Ave Sw Calgary AB Canada

Business Names
Business Name
CJ
Venturion Oil Limited
Wainwright Acquisition

General Information
Number of Employees: 166 (As of 12/31/2022)
Outstanding Shares: 158,095,048 (As of 12/31/2023)
Stock Exchange: TSE
Fax Number: (403) 218-9345


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Monday, March 18, 2024