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Bullboard - Stock Discussion Forum 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... see more

TSX:CJ - Post Discussion

Cardinal Energy Ltd (Alberta) > Acquisition news
View:
Post by Coopsvw92 on Jun 01, 2021 10:40pm

Acquisition news

Thoughts?
Comment by divime1 on Jun 02, 2021 7:29am
On the positive side the 2,400 boe/d of production  is unhedged at least for now . CJ is following the trend of companies buying production . Canadian companies are getting bigger without adding new production . This is good for producers but bad for drillers .
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