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) > Steady As She Goes.

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Comment by Quintessential1on May 13, 2024 9:58am

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Post# 36036637

RE:RE:RE:RE:Steady As She Goes.

Now that I think about it Potts didn't you say you were an all or nothing guy?

You picked a good time to break your own rules. Holding a core has its advantages.

I guess CJ is trending up now that were exiting the shoulder season.

What's your swing window? Obviously starts in the $6.90s

GLTY and all

Pottsy wrote: Actually Q1 I reduced my CJ holdings by 50%, and moved that to another stock, that's when my Majic Carpet let me down. So with tail between legs I bought back in at $6.93. Lesson learned.

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