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) > JULY 28 = Q2 RESULTS

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Comment by Pottsyon Jun 14, 2022 9:38am

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Post# 34754629

RE:RE:RE:JULY 28 = Q2 RESULTS

Thanks WokeL, I hear you and hope you are correct. This is a double edged sword. Yes negatives have been around a while, but gas, Diesel, avation fuel , ships bunkers doubling will impact everyone. Interest rates about to jump again. We are all impacted and the ripple effect is going to be bad. As I say I hope you are correct but I sold my last 4k shares this morning on the up. GLTA.

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