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)

Bullboard Posts

Comment by yggdrasilllon Sep 28, 2017 11:02am

103 Views

Post# 26753473

RE:RE:RE:Hilarious.

To be long is to be patient. The ex-div is today, technically the stock should be down today, so be glad it is flat. It's a sign of strength.

Naka2112 wrote: The fact is the shorters, or those who want to accumulate, are holding it under $5 because they know once it breaks that threshold, it’ll run up.

So, you’d think the longs would support it getting past $5. But no.

Bullboard Posts

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