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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

Comment by GoldenArmon Dec 07, 2022 12:05pm
177 Views
Post# 35156520

RE:Tree is shaking

RE:Tree is shakingUS is stealing Syrian oil and dumping it in the market at lower prices. Hence why EU is saying US is profiteering from the war while EU suffers. They are trying to squash inflation. Suadi's don't care until they care and if prices go lower or have reached a threshold for them they and OPEC will cut production. With US Strategic reserves and Syrian oil being dumped, for political purposes, and Canada and US production is crippled by Eco BS leaders. I see nothing but good times for oil prices.
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