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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 Jonny2fingerson Mar 16, 2022 9:12pm
255 Views
Post# 34520542

RE:RE:RE:RE:Drop

RE:RE:RE:RE:DropJan ran from a low of $77 on Jan 4 to a high of $87 at the end of Jan.  It climbed steady from start of Jan to end of Jan.
Feb ran from a low of $87 on Feb 1 to a high of $95 on Feb 28.  Essentially climbed steady from the start of Feb to the end of Feb.
Mar ran from a low of $95 on Mar 1 to a high of $130 back down to a low of $95 (as of today).

Not too tough to figure out the avg cost of WTIC in Q1 2022.
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