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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 lnggasfor202324on Oct 06, 2023 2:21pm
174 Views
Post# 35673641

RE:RE:RE:RE:RE:RE:RE:Blood bath

RE:RE:RE:RE:RE:RE:RE:Blood bathI couldn't agree more.  John Brussa also agrees, he bought 25000 shares at $6.90.  I would be suprised if cardnal doesnt break out Nov 7 the day after the 3rd qtr earnings release after markets close.  I bougfht The $5.00 calls for Jan 17/25 and Jan 16/26 calls as well as a boat load of shares.
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