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Bullboard - Stock Discussion Forum
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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TSX:CJ - Post Discussion
Cardinal Energy Ltd (Alberta)
> Last call...
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red2000
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Post by
red2000
on May 11, 2022 9:08pm
Last call...
tomorrow to buy some, just before Q1 results !
Please do your DD, it's your money !!!
(500)
•••
red2000
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Comment by
red2000
on May 12, 2022 5:56pm
Well well well !!! For my point of view, it's very good results ! https://finance.yahoo.com/news/cardinal-energy-ltd-announces-first-210000478.html Best quarter ever is coming in Q2 !!! Less CAPEX in Q2, CAPEX for the rest of the year only 45 M$ ! See Corporate presentation here : https://cardinalenergy.ca/wp-content/uploads/2022/05/May-Corporate-Presentation-Final-to-Website.pdf WTI
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