Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s): CRLFF

Energy Oil & Gas E&P

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.

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Cardinal Energy Ltd (Alberta) > wonder what Eric Nuttal will have to say about oil and gas

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Comment by TheWokeLemmingon Aug 12, 2022 12:33pm

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Post# 34891907

RE:RE:RE:RE:wonder what Eric Nuttal will have to say about oil and gas

More flip flopping. Last time he saw a high of 15% upside from 9.34, so peaking at $11.70. Now today upside is $14!!! It's like he draws numbers out of a hat and thinks we can't find his previous recommendations. All over the map. Interestingly, ATH and WCP have barely budged since he discussed them. I was in ATH when he recommended it last fall and it shot up considerably over two days (I think it was 30%). That's the effect of losing integrity.

My opinion only.

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