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Cardinal Energy Ltd.

09:48 AM EST - Cardinal Energy Ltd. : Announced its operating and financial results for the year ended December 31, 2015. Cardinal's cash flow from operations was approximately $95 million in 2015 and 2014, despite the significant decline in commodity prices in 2015. General and administrative expense ("G&A") decreased on a per boe basis from $4.91 in Q4 2014 to $1.92 in Q4 2015. On an annualized basis, G&A decreased 35% from $3.89 per boe in 2014 to $2.51 per boe in 2015. Cardinal Energy Ltd. shares T.CJ are trading up $0.19 at $8.35.