Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by Re1ndeer2on Apr 26, 2022 2:30pm
190 Views
Post# 34633048

Interpolate last Quarters WTI ($93)

Interpolate last Quarters WTI ($93)
Operating 
Average daily production 
 Light oil (bbl/d) 7,509 6,929 8 7,293 7,173 2 
 Medium/heavy oil (bbl/d) 9,857 8,220 20 8,533 8,093 5 
 NGL (bbl/d) 870 1,200 (28) 915 911 - 
 Natural gas (mcf/d) 13,733 13,653 1 14,093 13,585 4 
 Total (boe/d) 20,525 18,625 10 19,090 18,442 4 
Netback ($/boe) (1)
 
 Petroleum and natural gas revenue 74.36 38.56 93 63.88 33.07 93 
 Royalties 14.67 5.90 149 11.49 4.93 133 
 Net operating expenses(1) 22.29 16.84 32 22.22 17.39 28 
 Transportation expenses 0.73 0.25 192 0.49 0.29 69 
 Netback(1) 36.67 15.57 136 29.68 10.46 184 
 Realized loss on commodity contracts 4.74 3.58 32 6.72 0.07 n/m 
 Interest and other 1.26 2.40 (48) 1.79 1.94 (8) 
 G&A 2.34 1.64 43 2.15 1.97 9 
 Adjusted funds flow netback (1) 28.33 7.95 256 19.02 6.48 194 ............Netbacks for Q1 2022 close to $55 BBL
<< Previous
Bullboard Posts
Next >>