Cardinal Energy Ltd. Confirms Monthly Dividend for April

World News: . []

CALGARY, Alberta, April 16, 2018 (GLOBE NEWSWIRE) -- Cardinal Energy Ltd. ("") (TSX:CJ) confirms that a dividend of $0.035 per common share will be paid on May 15, 2018 to shareholders of record on April 30, 2018. 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.

Cardinal is a junior Canadian oil focused company built to provide investors with a stable platform for dividend income and growth. Cardinal's operations are focused in low decline light and medium quality oil in Alberta and Saskatchewan. 

More news and information about Cardinal Energy Ltd.

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Globe Newswire: 23:00 GMT Monday 16th April 2018

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