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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) > Should CJ be making a play for RZE?
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Comment by Quintessential1on Jan 28, 2024 11:33am
171 Views
Post# 35849218

RE:RE:RE:RE:Should CJ be making a play for RZE?

RE:RE:RE:RE:Should CJ be making a play for RZE?Me too lol.  I certainly wouldn't invest in a company I was running.

Looks like oil could be up tomorrow with Iranian militias killing American troops in Jordon.

This unrest is what could make boe...any boe worth a lot more soon.

GLTY and all  


JayBanks wrote: Your right, the gas is a MCF not a BOE like NGL that's my bad when quickly scanning number... but again this is anouther reason I hope sharper people than myself make the decisions lol


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