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Saturn Oil & Gas Inc. Announces its First Development of Cardium Wells at Brazeau and Continued Successful Development (click to learn more)
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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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Bullboard (TSX:CJ)
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(759)
•••
Quintessential1
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Comment by
Quintessential1
on Mar 22, 2024 2:54pm
RE:RE:RE:RE:RE:It wouldn't put
"If the Fed did short, they will have to unwind that position so oil could rebound big, particularly if oil inventories continue to decline. As for bias towards one particular US administration
...more
(92)
•••
VeritasVern
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Post by
VeritasVern
on Mar 22, 2024 2:47pm
Suddenly the US is worried about bombing Russia?
https://oilprice.com/Latest-Energy-News/World-News/US-Has-Urged-Ukraine-To-Stop-Attacks-on-Russian-Refineries.html U.S. Has Urged Ukraine To Stop Attacks on Russian Refineries By Charles
...more
Saturn Oil & Gas Inc. Announces its First Development of Cardium Wells at Brazeau and Continued Successful Development
posted May 02, 2024 9:00am by
Saturn Oil & Gas Inc.
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|
Saturn has followed up its success in previous years drilling in Southeast Saskatchewan to enhance its IP30 initial production rates and overall return on invested capital. Saturn has recently finished drilling one gross (1.0 net) Open Hole Multi-Lateral ("OHML") well in the Viewfield area of Southeast Saskatchewan with eight horizontal legs of up to two miles each ...read more
(87)
•••
lnggasfor202324
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Comment by
lnggasfor202324
on Mar 22, 2024 2:38pm
RE:RE:RE:RE:RE:It wouldn't put
Thats why opec should put the screws to them for screwing around with the oil prices and send less to north am erica≥. God bless americas.
(92)
•••
VeritasVern
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Comment by
VeritasVern
on Mar 22, 2024 2:32pm
RE:RE:RE:RE:It wouldn't put
Could be the Fed, afterall they are the creators of cash and have an unlimited supply to control the movement of anything they want. They easily could get away with it - as a private entity as they
...more
(87)
•••
lnggasfor202324
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Comment by
lnggasfor202324
on Mar 22, 2024 1:42pm
RE:RE:RE:RE:It wouldn't put
I never ever heard of any other administration draing the SPR for their own political agenda.
(759)
•••
Quintessential1
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Comment by
Quintessential1
on Mar 22, 2024 1:14pm
RE:RE:RE:It wouldn't put
It would not surprise me in the least if the FED was reducing oil prices through any number of options available to them just as I am sure they are manipulating gold and their dollar but, "
...more
(92)
•••
VeritasVern
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VeritasVern
on Mar 22, 2024 10:41am
Here is Nuttall on the IEA plus the congress letter to IEA
...more
(92)
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VeritasVern
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Comment by
VeritasVern
on Mar 22, 2024 10:35am
RE:RE:It wouldn't put
Actually that is not necessarily true. We have seen in the past that when OPEC has announced production cuts and/or plans to extend them, the market sold off rather sharply. It was immediately after
...more
(165)
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Sclarda2
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Comment by
Sclarda2
on Mar 21, 2024 9:15pm
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Here's a beauty
Investors will stick around and pile in if oil supply is limited and prices stay high and oil companies make a lot of profit. Producing more and more was tried from 2014 on with oil in the $50
...more
(759)
•••
Quintessential1
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Comment by
Quintessential1
on Mar 21, 2024 5:53pm
RE:TMX begins oil fill
"The odyssey of developing and building the Trans Mountain expansion project in Western Canada is finally nearing the finishing line as sections of the pipeline begin filling with oil."
...more
(93)
•••
DukesMtl
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Post by
DukesMtl
on Mar 21, 2024 5:48pm
TMX begins oil fill
https://stocks.apple.com/AcVDGGpCqRwCiB9QFzQD9iw
(92)
•••
VeritasVern
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Comment by
VeritasVern
on Mar 21, 2024 4:55pm
RE:RE:RE:It wouldn't put
Shorting after both the AIP and EIA reports were bullish and the rationale for a 2% drop was waiting on the Fed to announce interest rates? Right, makes zero sense and a lot of risk
(87)
•••
lnggasfor202324
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Comment by
lnggasfor202324
on Mar 21, 2024 3:46pm
RE:RE:It wouldn't put
Thats because you must not of heard of shorting the oil futures. Funds can short.
(190)
•••
meritmat
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Comment by
meritmat
on Mar 21, 2024 3:14pm
RE:It wouldn't put
Funds cant controll the price of oil, OPEC can...........but he does have controll over the SOR. Come election time they want the price of gas to be low.......
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