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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 JayBankson Nov 04, 2021 12:38am
225 Views
Post# 34085237

RE:Nuttall's top ten.

RE:Nuttall's top ten.
captwade wrote:
Someone on Stockhouse reports trying to get a question on In-Play for Eric's last 3 appearances on Market Call and the question has been denied each time.  Most logical explanation for that may be that he is accumulating.  Just a guess on my part though.


I would think if he was an insider on a board or something he would turn down the question... But a few months back a person took a call about a company he was elected to a board of, but only gave a broad overview of the stock in question and gave no opinion on it...

Nuttal tipped off his attempting to get CJ stock 2-3 months before he actually got in, he stated he was 'phoning around to institutions looking to buy a block of a position but thus far had been unsuccessful'... he has also discussed stocks he has been accumulating or likely looking to enter at next meeting several times before, so it would be out of character for him to turn down questions based on that...

I don't know anything about In-Play (heard the name a few times) but there has to be some reason he has no interest discussing it, maybe he just doesn't cover it... I know he's turned down questions on American Juniors before because he wasn't covering them and didn't find them interesting at that time, he's also avoided questions on oil service companies before when oil was at its lows, then started to discuss them again and I believe he owned 1 or 2 in small positions I forget which they were, one was not Canadian based...
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