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) > i guess production must have went up!!

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Comment by Moremoney4uon Sep 13, 2022 7:31am

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Post# 34958770

RE:i guess production must have went up!!

Yes, also now we have the NEW PHASE OF THE OIL INDUSTRY. DIVIDENDS, WILL BE INCREASED, paying back shareholders, BUYBACKS, ETC., ALL focused on shareholders. The oil price is slowly making a recovery, WORLD economies will improve.CJ HAS all the right ingredients to move stock forward, the divy increase to .06 cents is huge , based on todays stock price . THIS will move the stock into the 12.00 range by the NEW YEAR. Production will be up again, LOAD UP THE TRUCK.

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A junior copper-gold stock trading at a bargain of monumental proportions