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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 JayBankson May 23, 2023 9:27pm
208 Views
Post# 35461175

RE:RE:An Observation

RE:RE:An Observation

odinburnz wrote: All the shareholders are in shock, haven't seen upward movement like this since last year!

 

I wouldn't really consider this upward movement (not until we pass the 7.70s)... just a return to where we were this time last month...

and @ CountryBoy... there hasn't been much worth talking about here lately, we are just putting time in until the company does some more exciting things or the oil price spikes again... right now we sit and collect and accumulate a bit more here and there... A quiet board is sometimes nice as the active boards are usually full of bullsh**! Atleast here if something noteworthy happens, a good convo or question comes up it can be addressed by the followers here.

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