Cardinal Energy Ltd (Alberta) T.CJ

Should CJ be making a play for RZE?

[Quintessential1]

All low decline rate production right in CJ's backyard.

Distressed sale just when WCS is expected to rise.

Cheap barrels anyone?

GLTA

[JayBanks]

  60-70% of thier production is Natural Gas rather than oil... Your also dealing with AIMCo... I'll pass, but hopefully CJ management looks at it and makes a better informed decision than my 20 minute scan...

[Quintessential1]

Yeah it is not like it is a lot of production percentage wise for CJ anyway Jay. I do think  the percentage of production is more like 80% light oil and NGLs but I could be wrong. Not sure what dealing with AIMCo would be like but I am sure CJ's management would. Also not sure if the diversification into their ESG offshoot of Futera Geo Thermal but CJ is also pursuing ESG projects and

[JayBanks]

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

[Quintessential1]

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