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Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF

Cardinal Energy Ltd. is a Canadian oil and natural gas company with operations focused on low decline oil in Western Canada. The Company is engaged in the acquisition, development, optimization and production of crude oil 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. Its Midale operating area of over 730 million barrels of original oil in place (OOIP) and its low decline in production of 3,200 barrels of oil equivalent per day (boe/d) (net) is supported by both waterflood and CO2 enhanced oil recovery. 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 OOIP pools. Its North area includes Grande Prairie, Clearwater and other properties.


TSX:CJ - Post by User

Comment by Quintessential1on Sep 13, 2023 12:34pm
361 Views
Post# 35634072

RE:RE:RE:RE:23 Plan #s

RE:RE:RE:RE:23 Plan #sOr maybe this blurb is easier to use:

"For 2023, we will continue with a prudent financial plan that will allow the Company to show a 3% year over year average production growth on a $97 million capital budget. Our budget is based on an oil price of US$80 WTI and our sensitivity to a US$1 change in WTI is approximately $7 million in adjusted funds flow."

Page 5

https://cardinalenergy.ca/wp-content/uploads/2022/11/November-08-22-Press-Release-Q3-FINAL.pdf

Anyway I hope any of this helps

GLTY and all

Quintessential1 wrote: I think this is what you are looking for.  It won't copy and paste but its on page 8.

Maybe someone that is better at posting things to this site (I personnally find it a PITA) can add it again.

https://cardinalenergy.ca/wp-content/uploads/2023/01/Winter-Corporate-Presentation-2023-FINAL.pdf

User image

Do remember that although the search options on this site stink, googles are unlimited.

GLTY and all 



caretired1 wrote: Well I know the numbers have been talked about on this boiard but the search options are none so I'm having to ask




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