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Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF

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.


TSX:CJ - Post by User

Comment by ronzon Jun 21, 2021 8:09pm
242 Views
Post# 33425074

RE:RE:RE:TEN BAGGER

RE:RE:RE:TEN BAGGERI Agree with you about heading to $4 bucks. I think that it's only a matter of time for a couple things,,, The stock is going to $4 possibly this week or next, and the divi is going to be reinstated soon as a cherry on top to continue drive this thing even higher to push it up to the next leg of $5 bucks a share so that the mutual funds and large scale investors will be grabbing this going forward to bring in the next level of investor and take this company to the next level all together. Were in a really great spot, especially with oil rising like it is. Great day today, but there is more to come.
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