Cardinal Energy included in 2024 TSX30 announcement in Calgary

On September 10, 2024, Cardinal Energy Ltd. announced its inclusion in the Toronto Stock Exchange's 2024 TSX30, a program that highlights the top 30 performing TSX stocks based on dividend-adjusted share price appreciation over a three-year period. Cardinal achieved a remarkable 134% increase in dividend-adjusted share price performance and a 111% increase in market capitalization from 2021 to 2024. This recognition reflects the company's commitment to creating shareholder value and its disciplined approach to sustainable growth. Scott Ratushny, the CEO of Cardinal Energy, expressed pride in the company's recognition, attributing the success to the collective efforts of the entire organization, including the Board of Directors, Senior Management, and employees across various locations. The company has maintained high safety and compliance ratings while focusing on environmental sustainability, spending significantly on the abandonment and reclamation of non-producing assets in 2023. The TSX30 List, established in 2019, serves to celebrate the achievements of top-performing companies and highlights the growth potential of Canada's public markets. Cardinal's inclusion in this list underscores its ability to adapt to market uncertainties and position itself for long-term resilience, particularly as it works towards achieving carbon neutrality. As a Canadian oil and natural gas company, Cardinal Energy differentiates itself with a low decline conventional asset base and has recently initiated its first thermal SAGD oil development project, further enhancing its long-term sustainability and operational efficiency.