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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 TheWokeLemmingon Jun 06, 2022 4:19pm
136 Views
Post# 34735204

RE:RE:RE:RE:RE:RE:Is ERIC driving this BUS ?

RE:RE:RE:RE:RE:RE:Is ERIC driving this BUS ?It also shows how the sector is being driven by retail investors.  The funds managers either aren't allowed to invest in oil and gas or they are asleep at the wheel on getting their clients the best returns.  EN has a lot of sway but each time he makes these hypocritical moves his reputation takes a hit and his influence declines.  I've watched his act for over a decade now and other than the last 2 years his performance has generally been exceedingly poor.  
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