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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) > At what point would cj cut the Div to 5 cents?
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Comment by CJInvestoron Nov 25, 2022 7:52am
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Post# 35127599

RE:RE:RE:RE:RE:RE:At what point would cj cut the Div to 5 cents?

RE:RE:RE:RE:RE:RE:At what point would cj cut the Div to 5 cents? According to Cramer on CNBC, the mother of all oil opportunities is coming in December with a big drop in price so I assume there will definitely be one more big chance to get into CJ at bargain basement prices in the low 8s. 
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