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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 Canadaforoilon Jun 01, 2021 7:23pm
132 Views
Post# 33308191

Canadian banks should support Canadian oil . . .

Canadian banks should support Canadian oil . . .I heard that the banks were dumping all dirty energy shares to be more green, but there is money to be made if the oil industry thrives.  Jobs equal people who need loans and mortgages and want to spend money.    They will also need bank accounts and support other industries which also need these services.  I heard other large Canadian investment houses/funds are getting deeper into Canadian energy and I say "AWESOME".   We are all in it together, I would rather see Canadian growth/jobs than a socialist minimum income system.  CERB clearly proved if people can get free money, they won't return to work.  
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