Brief: Cardinal Energy Says Will Temporarily Reduce Monthly Dividend To $0.01/Month ($0.12/Year) Commencing With Dec 2018 Dividend Payable On January 15, 2019

Cardinal Energy (Alberta)

06/12/2018 23:37

Dec 6 (Reuters) - Cardinal Energy Ltd  CJ.TO :
    * CARDINAL ENERGY- WILL TEMPORARILY REDUCE ITS MONTHLY
DIVIDEND TO
$0.01/MONTH ($0.12/YEAR) COMMENCING WITH DEC 2018 DIVIDEND
PAYABLE ON JANUARY 15, 2019
    * CARDINAL ENERGY LTD - JANUARY PRODUCTION IS CURRENTLY
FORECASTED
TO AVERAGE APPROXIMATELY 20,100 TO 20,400 BOE/D
    * CARDINAL ENERGY LTD - EXPECT TO BRING BACK MAJORITY OF
SHUT IN
PRODUCTION IN JANUARY 2019

Source text for Eikon:  ID:nGNX4N2WgP 
Further company coverage:  CJ.TO 

 ((Reuters.Briefs@thomsonreuters.com;))