Cardinal announced 4Q17 results which were generally in line with expectations, as production of 20,948 boe/d and funds flow of $28.6 mm, or $0.26/sh, largely tracked GMP FE and consensus estimates. While full reserve disclosures have not been provided as of yet, FD&A and F&D performance markers of $10.76/boe and $12.67/boe were disclosed, signalling attractive additions costs focused on light oil assets. There were no further updates surrounding further asset dispositions beyond the
