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)

Bullboard Posts

Post by Chris_torontoon Mar 29, 2020 4:58pm

143 Views

Post# 30858096

My timing was off a little but I predicted this a year ago

Time for a "track-record" check. Below message was posted by me a year ago:

Challenge to Kavern23 to bookmark this post and check back in a year

Chris_toronto wrote: I stated my theory as to what the Saudis will do this year in preparation for their 2021 Aramco IPO.
And you stated your very different opinion.
Nothing left to do now except bookmark this post (already done by me) and wait 11 months to see who turns out to be right.

As to the below, I believe that would be a good thing for CJ seeing how stupid many of the posters on this board are. Let smarter investors move into this stock.

kavern23 wrote: Cardinal would be 1.25-1.50 without a dividend. Chris you would be the only shareholder on this forum that would be left.