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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.


TSX:CJ - Post by User

Cardinal Energy Ltd (Alberta) > Happy to pick up shares here!
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Comment by NonCredibleSrcon Dec 05, 2023 7:25am
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Post# 35768478

RE:RE:RE:RE:RE:RE:RE:RE:Happy to pick up shares here!

RE:RE:RE:RE:RE:RE:RE:RE:Happy to pick up shares here! The absolute worst that happens here, beyond any additional items that may arise from a full audit, is that some of the earnings in your TFSA would be deemed taxable.

That aside, calls/puts are generally only available in a marginable account. TFSAs are more or less registered account, which are generally not marginable. My instituion does not allow these in TFSA accounts. I don't have experience with every canadaian trading institution, but would be interested to know what instituion your TFSA is with that allows this.
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