Jan 14 (Reuters) - Cardinal Energy Ltd CJ.TO :
* Cardinal Energy Ltd. updates guidance and reduces dividend
* Says cardinal has reduced its 2016 capital expenditure program from $35 million to $25 million
* Says expect cash flow from operations for 2016 to be reduced from previous guidance of $92 million to $60 million
* Reduced dividend from $0.84/year or $0.07/month to $0.42/year or $0.035/month for January 2016 dividend payable in February
* Source text for Eikon ID:nMKW7XF00a
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