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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 MohelJFoxon Apr 01, 2022 7:14pm
210 Views
Post# 34569036

RE:RE:RE:RE:Only Red

RE:RE:RE:RE:Only Red

I sent an email to Cj's ir today,the response was "please refer to our march 14th press release".

To me that's all I need for comfort. It's not that it has disappeared, it was just left out. Head office is probably picking on "Larry" for being a clutz and leaving it out! There's probably office jokes going around about how the shareholders are jumping off of buildings because Larry fu€t up. Larry, your fired ! 


Can you imagine the consequences if they reversed their decision? Heck even if they went with a 3c dividend while wti stays around 100$ ?There would be a witch hunt ! Vet.t added more production for a decent price and they were sent to the slaughter house. Any marginal news is a death sentence! 

I think the excitement is rattling peoples nerves, relax, we're about to get one of the best (the best?) yields in the sector, she's going to be a in very little time !

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