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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 Quintessential1on Aug 03, 2023 10:47am
202 Views
Post# 35571107

RE:Presentation

RE:PresentationI have noticed that a few oil companies do not update their presentations the same month that their ER is released.  I'm not sure if it is because they figure all the information is in the report or if the staff is too busy when compiling the ER to update the presentation.

I am not saying it is but perhaps the informatin to are looking for in the ER?

Also we are only a couple of days into August...maybe an update is coming.

A July update might be an added boost to the Q2 ER.

Oil moving back up today.  Let's hope the disconnect between demand and pricing was just a blip.

GLTY and all


Playacar wrote: Why doesn't cardinal update their presentation.  Sent two emails requesting this info.   Still no answer. I have this feeling that cardinal does not feel that they have to inform tha retail investor. Their present presentation is terrible when compared to other oil companies. And gives the bare minimum information. 


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