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) > Happy Thank$hit Kicking Day in the oil markets!

<< Previous

Bullboard Posts

Next >>

Post by JayBankson Nov 26, 2021 8:19am

334 Views

Post# 34167931

Happy Thank$hit Kicking Day in the oil markets!

Look like today is gonna be WILD and likely a ton of red for energy companies...

Early check shows CJ may trade at $4.10 according to the Scotiabank Level 2 Quotes. These can be very in accurate for higher volume stocks before opening (especially so long before trading opens) but they usually are decent indicators.

Oil is indicated at $73.81 or almost 6% loss over night...

<< Previous

Bullboard Posts

Next >>

Silvercorp to expand into Ecuador with C$200M Adventus acquisition