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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 byloselhiron May 15, 2022 7:01am
159 Views
Post# 34684632

RE:RE:RE:RE:RE:RE:RE:Dividend percentage

RE:RE:RE:RE:RE:RE:RE:Dividend percentage
Well if you like the O&G sector , think prices maybe high to add more, don't like debt why not look at ESN? It confuses me we have a lot of O&G stocks up 10 fold + and they have big debt but ESN has no debt and I think has only gone up less than 3x
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