Cardinal Energy Ltd.

About Cardinal Energy Ltd.

Cardinal Energy Ltd. is a Canadian oil and natural gas company focused on low decline oil operations in Western Canada, with a commitment to future-focused energy development.

Products & Services

Oil and Natural Gas:Operations focused on low decline oil in Western Canada, with specific areas including Midale SK, South Area, Central Area, North Area, and Saskatchewan Thermal Trend.

Specialties

Low Decline Oil Operations Western Canada Oil and Gas Exploration

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Bought Deal Offering T: - FT: Bought Deal Offering	A: 104700000 MR: - FA: 104.7 million FAN: 104700000	D: 2026-02-04 FD: 2026-02-04	6 investors
2	RT: Bought Deal Equity Financing T: - FT: Bought Deal Equity Financing	A: 95150000 MR: - FA: $95.15 million FAN: 95150000	D: 2026-01-29 FD: 2026-01-29	2 investors
3	RT: Debt T: - FT: Debt	A: 45000000 MR: - FA: $45 million FAN: 45000000	D: 2025-03-04 FD: 2025-03-04	7 investors
4	RT: Debt T: - FT: Debt	A: 40000000 MR: - FA: $40 million FAN: 40000000	D: 2025-02-25 FD: 2025-02-25	3 investors
5	RT: Debt T: - FT: Debt	A: 60000000 MR: - FA: $60 million FAN: 60000000	D: 2025-01-03 FD: 2025-01-03	9 investors
6	RT: Debt T: - FT: Debt	A: 50000000 MR: - FA: $50 million FAN: 50000000	D: 2024-12-18 FD: 2024-12-18	1 investors
7	RT: Debt T: - FT: Debt	A: 275000000 MR: - FA: $275 million FAN: 275000000	D: 2024-12-12 FD: 2024-12-12	1 investors

Bought Deal Offering Latest

2026-02-04

$104.7M

6 investors (Pro only)

Bought Deal Equity Financing 2026-01-29

$95.2M

Debt 2025-03-04

$45.0M

View 6 more funding rounds with Pro

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

J

John A. Brussa

Partner at Burnet, Duckworth & Palmer LLP

J

John Festival

Director

J

John Gordon

Director

M

M. Scott Ratushny

Chairman and CEO

C

Connie Shevkenek

Vice President of Engineering

S

Stephanie Sterling

Lead Director

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