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.

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Cardinal Energy Ltd (Alberta) > Wake up ! Something is going on here !

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Comment by jonvw92on Feb 15, 2022 12:33am

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Post# 34428771

RE:RE:RE:RE:Wake up ! Something is going on here !

The fundamentals keep getting better and the SP is going sideways/down... what am i missing? I averaged up at 5.30... not something i normally do. Am i chasing? or just being impatient? I thought for sure with $95 WTI and potential 16% yield in the coming months CJ would have started the next leg up. Appreciate all the constructive posts.

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