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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

Post by Moremoney4uon Aug 13, 2022 10:09am
316 Views
Post# 34893825

14.00 target PLUS dividend, AMAZING

14.00 target PLUS dividend, AMAZINGCJ  is the perfect stock, divy plus target price of 14.00, eric has sold, but he is NOT  down grading the company or is feels this company will do poorly, he is setting his sites on greater opportunities else were, MEG comes to mind. CJ IS STILL FIRING ON ALL CYLINDERS. I  believe we will see a dividend increase in NOV, this will propel the stock into the 12  to 14 RANGE $$$$$. at .06 cents DIVY. LOAD UP THE TRUCK.  
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