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Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF

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.


TSX:CJ - Post by User

Comment by UppersDownerson Apr 13, 2017 4:36pm
289 Views
Post# 26120503

RE:RE:RE:Government is the enemy

RE:RE:RE:Government is the enemyLets see CJ,TOG,TVE,SPE,SGY, and this is just a few that are grossly undervalued and just when you think we have bottomed it goes lower. In these markets when you get a chance to sell on a huge up day you better grab it and buy back when it slides and it will slide. This latest slide is just stupid as the oil inventories were bullish but when the big boys want to bring us to our knees it will be done. This could be a long year for oil stocks.
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