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Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF

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

Comment by BadShituationon Jun 01, 2021 7:06pm
137 Views
Post# 33308132

RE:RE:RE:RE:Red?

RE:RE:RE:RE:Red?
Looked like RBC dumped about 2M shares today. MS was largest net buyer but that 2M load was  distributed through all the buying houses today. everyone played their part

Not sure who Eric uses.

looks like we closed above that 3.20ish resistance-turned(hopefully)-support

https://www.tradingview.com/x/mBAA99cB/

Most the other names havent even reached 2019 highs, and it looks like we already have support at these levels.

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