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Bullboard - Stock Discussion Forum Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF

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... see more

TSX:CJ - Post Discussion

Cardinal Energy Ltd (Alberta) > US-Department-of-Energy-Initiates-Purchase-for-SPR
View:
Post by Quintessential1 on May 07, 2024 9:43pm

US-Department-of-Energy-Initiates-Purchase-for-SPR

"The U.S. Department of Energy (DOE) has announced a new solicitation to purchase oil to replenish the Strategic Petroleum Reserve (SPR), according to a DOE press release.

The solicitation, announced by the DOE's Office of Petroleum Reserves, seeks up to 3.3 million barrels of crude oil for delivery to the SPR in October. The decision to initiate this purchase, according to the release, aligns with the DOE's strategy of acquiring oil at $79 per barrel or below."

https://oilprice.com/Latest-Energy-News/World-News/US-Department-of-Energy-Initiates-Purchase-for-Strategic-Petroleum-Reserve-Rep.html

This should effectively put a floor under WTI prices making the divy quite safe.

GLTA

Comment by loopsbutterfly on May 08, 2024 2:52pm
yeah thanks for your cheap shares at $6,28
Comment by Quintessential1 on May 08, 2024 4:31pm
Yeah EAD loops I think somone already showed that you don't own any shares.  LOL GLTA the real shareholders 
Comment by loopsbutterfly on May 08, 2024 8:44pm
yeah I sold your $6,28 shares at $7,26 for a good profit and still hold my core position...a big chunk
Comment by Quintessential1 on May 08, 2024 9:21pm
You got busted as a liar and your credibility is nil. (87) ••• Comment by lnggasfor202324on Mar 05, 2024 12:09am 136 Views  Post# 35915004 RE:RE:jonathan Smart Yes it is.  Cj's debt level is .3 X debt to cahflow and can pay down the debt easily once the 6000 barrels a day production kicks in.  On ...more  
Comment by loopsbutterfly on May 08, 2024 9:32pm
Do you have more shares for sale at $6,28???
Comment by Quintessential1 on May 08, 2024 9:49pm
Why?  You'll just cancel them like this one ROFL (230) ••• Post by loopsbutterfly on Mar 06, 2024 11:34am just add 35 000 shares on the ask at $6,86 see it by yourself wti is $80,54 at the time of writing  0 148 Comment   Abuse  ...more  
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