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.

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Cardinal Energy Ltd (Alberta) > WTI is on the comeback trail good for CJ and shareholders

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Comment by loopsbutterflyon Feb 05, 2024 6:46pm

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Post# 35864188

RE:RE:RE:WTI is on the comeback trail good for CJ and shareholders

further more when the stock went as low as $5.75 it was difficult to find the bottom because the stock chart was telling around $5.50 then I was waiting around that price but this morning was a different story as we clearly know the resistance level is $6.00 next is $5.75 and another one big resistance at $5.50

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