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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 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

Post by MohelJFoxon Jun 20, 2022 11:16am
418 Views
Post# 34768809

Even the king can’t hide his own mistakes/lies

Even the king can’t hide his own mistakes/lies

Broadcasting across national tv that he sees only a 15% upside left in Cardinal, how does a 2.52 target multiple sound? It even fares better than his "27 years of free money MEG" !
Id say in less than a month, the truth will speak for itself.

Another point worth noting, is the buyback all shares chart. We may look far down the line compared to CPG but wait Cresent point at the top ? Athabasca to?

Unfortunately Ninepoint "forgot" to mention that this is if they were UNHEDGED. But Robby B and Craig B are to scared to take their panties off like our Scotty. So guess  where CJ would sit if hedging was factored in ?

https://twitter.com/ericnuttall/status/1538877303689723904?s=21&t=_tp2ZhJjQo64m1J4xj80gA

I want a GIF of Eric saying "we see only a 15% upside from here"
 

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