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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.


TSX:CJ - Post by User

Cardinal Energy Ltd (Alberta)
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Comment by PeterWrighton Feb 10, 2020 10:36am
49 Views
Post# 30667457

RE:RE:RE:RE:WTI Forecast

RE:RE:RE:RE:WTI Forecast It'a a really fine line for OPEC as thay want a higher price for their product but also don't want to lose market share. Either way no OPEC announcement until MArch meeting, if they decied to cut, it will take effect in April. If good news gets released on the virus, it may give OPEC an out on making more cuts. Time will tell, I just see February leaning towards more risk then reward.....that will shift in time. 
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