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Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF

Cardinal Energy Ltd. is a Canadian oil and natural gas company with operations focused on low decline oil in Western Canada. The Company is engaged in the acquisition, development, optimization and production of crude oil 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. Its Midale operating area of over 730 million barrels of original oil in place (OOIP) and its low decline in production of 3,200 barrels of oil equivalent per day (boe/d) (net) is supported by both waterflood and CO2 enhanced oil recovery. 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 OOIP pools. Its North area includes Grande Prairie, Clearwater and other properties.


TSX:CJ - Post by User

Comment by Naka2112on Apr 21, 2017 7:52pm
188 Views
Post# 26151581

RE:RE:Trump releasing Tax Plan next week (supposedly no BAT)

RE:RE:Trump releasing Tax Plan next week (supposedly no BAT)Yes, the same thing happened yesterday -others were getting hammered and cj was only down 5 cents. Today it was one of the very few that were green while
oulnwas down under $50. 

rbc has cj marked as undervalued, while they have most of its peers as overvalued. So I expect the gap to close between say cj and rrx, and wcp. Probably they will all go up, but hopefully cj will rise faster.  
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