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) > What a disaster buying

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Comment by steve957on Sep 07, 2022 12:45pm

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Post# 34947072

RE:RE:RE:What a disaster buying

CJ stated that the divi could be paid down to 55 dollar oil, CJ paid a dividend before the pandemic and CJ is in much better shape now so i would say no cut to the dividend, CJ paid the dividend in 2014 2015 when oil was like 45 a barrel

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A junior copper-gold stock trading at a bargain of monumental proportions