Cardinal Energy Ltd. Announces the 2026 Budget
TMX Newsfile·2026-01-21 22:01
Calgary, Alberta--(Newsfile Corp. - January 21, 2026) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to announce our 2026 budget.2026 BUDGET HIGHLIGHTSWe are forecasting average annual production of 25,000 to 25,500 boe/d for 2026, which represents 15% growth from average volumes delivered in 2025, with Reford contributing to a full year of operations;Our 2026 capital budget of $75 million will be heavily weighted towards our conventional assets with only minimal investment now r ...