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) > Looks like selling CJ was the right move

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Comment by TheWokeLemmingon Apr 19, 2022 4:22pm

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Post# 34614421

RE:RE:RE:RE:RE:RE:RE:RE:RE:Looks like selling CJ was the right move

If you really must know .... sold CJ at 7.18 to buy BTE 5.85
Sold BTE 6.73 to buy CJ 7.68
Sold more BTE this afternoon at 6.69 to buy more CJ at 7.47.

I like laughing at know it alls like Masfartona. I suppose I could have done nothing like he did and made a whole 3.5% on CJ by this point. He is so smart! My core position in both doesn't get touched.

JohnnyDoe wrote:

TheWokeLemming wrote: Did flip some at the end of the day, only because BTE has had such a strong run and will probably cool off before next week. CJ just starting its run going into financials. They should blow the ceiling off. Big money came around today.

so you went from selling cj to buying bte on Thursday to today selling bte because it ran to buying cj?