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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) > Blood bath
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Comment by Quintessential1on Oct 08, 2023 10:50am
300 Views
Post# 35675140

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Blood bathJust my take P.  I see there are fingers pointing at Iran for funding hamas so increased sanctions against them could become a possibility if the US decides it wants to support Israel more than it wants low oil prices right now.  This could become part of that proxy war I was refering to earlier.

It also looks like kavern23 solved the mystery of the assets seller.  My appologies to him as it looks like I jumped his thread without reading all the posts first.  

GLTY and a Happy Thanksgiving to all.



Pottsy wrote: Hmmm, Q1, great prospective. Surely the next results will open this up to the investors.  BTW  my magic carpet says BUY, we got a bump on Friday, it says buy Monday but short term for trader's.    P


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