Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s): CRLFF

Energy Oil & Gas E&P

Cardinal Energy Ltd. is an oil and gas company with operations focused on low decline oil in Western Canada. It is engaged in the acquisition, exploration and production of petroleum and natural gas in the provinces of Alberta, British Columbia, and Saskatchewan. Its operating areas include the Midale, South District, Central District, and North District. It has over 730 million original oils in place (OOIP) and its low decline production of approximately 3,200 barrels of oil equivalent per day (boe/d) is supported by both water and carbon dioxide (CO2) enhanced oil recovery (EOR). Its South District operating area is located east of Calgary in southeastern Alberta and produces medium gravity crude, as well as liquids-rich natural gas. Its Central District operation is located in East Central Alberta, which is focused on producing oil from multiple, large original oil in place (OOIP) pools. Its North area includes Grande Prairie, Clearwater, House Mountain, Mica, and Mitsue properties.

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Cardinal Energy Ltd (Alberta)

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Comment by Naka2112on Apr 21, 2017 7:52pm

187 Views

Post# 26151581

RE:RE:Trump releasing Tax Plan next week (supposedly no BAT)

Yes, the same thing happened yesterday -others were getting hammered and cj was only down 5 cents. Today it was one of the very few that were green while
oulnwas down under $50.

rbc has cj marked as undervalued, while they have most of its peers as overvalued. So I expect the gap to close between say cj and rrx, and wcp. Probably they will all go up, but hopefully cj will rise faster.

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