C
Cardinal is a Canadian oil and natural gas company with operations focused on low decline oil in Western Canada. Cardinal differentiates itself from its peers by having the lowest decline conventional asset base in Western Canada. Cardinal has recently announced the commencement of its first thermal SAGD oil development project which will further increase the long-term sustainability of the Company.
Investor insights
Funding rounds participated in
$28M sweet spot round size
Investor type
Public Company
Basic info
Industry
Oil and Gas
Sectors
Oil and Gas
Date founded
2012
Funding rounds raised
Total raised
$28M
from investors over 1 rounds
C
Cardinal Energy Ltd. raised $28M on March 25, 2025