Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s): CRLFF

Energy Oil & Gas E&P

Cardinal Energy Ltd. is a Canadian oil and natural gas company with operations focused on low decline oil in Western Canada. The Company is engaged in the acquisition, development, optimization and production of crude oil 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. Its Midale operating area of over 730 million barrels of original oil in place (OOIP) and its low decline in production of 3,200 barrels of oil equivalent per day (boe/d) (net) is supported by both waterflood and CO2 enhanced oil recovery. 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 OOIP pools. Its North area includes Grande Prairie, Clearwater and other properties.

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Cardinal Energy Ltd (Alberta)

Bullboard Posts

Comment by Olimpuson Mar 14, 2017 10:10pm

121 Views

Post# 25980035

RE:API numbers for the week.

It really is a joke. For three weeks invetories in the US were rising by record amounts and the price of oil just kept rising.... now it plunges over last weeks results. The market has way to much emotion in it.
Even as people are constantly going on record saying WORLD inventories are on steady decline all anyone wants to hear about is the US.

Cash in on the volitility and buy the dips... this is completely manipulated. Play their game.

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