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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.


TSX:CJ - Post by User

Cardinal Energy Ltd (Alberta) > Getting butchered. Cardinal is down another
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Comment by RusticHiton Nov 18, 2022 10:09am
140 Views
Post# 35110135

RE:RE:Getting butchered. Cardinal is down another

RE:RE:Getting butchered. Cardinal is down another Time to short more most energy stocks & Cj  did very bad  with 90+ oil and now it is 80  Some hedgies trying to hold these OG stocks at these levels but i think with Oil dropping fast these stocks will see big drops soon
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