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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

Post by bonjovi501on Mar 18, 2021 4:21pm
210 Views
Post# 32828863

Good Thing For The Pop Yesterday

Good Thing For The Pop Yesterdayotherwise we would have been around $1.80 today and with oil getting a whopping today and CJ holding above $2.00 we did good. Heck for the longest time today we held in there pretty good along with TVE and then all hell broke loose. Better days are coming and the next green day for oil I bet CJ heads back to $2.20's with ease.
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