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) > Steady As She Goes.

<< Previous

Bullboard Posts

Next >>

Comment by Quintessential1on May 11, 2024 8:26am

159 Views

Post# 36035069

RE:RE:Steady As She Goes.

Wow Potts I am surprised to hear you took a loss here. All you have to do is wait and collect a nice div and it always goes back up. Hopefully you put your cash into on of those stocks that outperformed on a share price basis while you were out but happy to have you back in. I guess the magic eight ball said buy?

GLTY and all