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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 bodiggityon Jun 08, 2017 11:08am
73 Views
Post# 26340317

RE:RE:Bye Bye Canaduh oil....is the carbon tax doubling now?

RE:RE:Bye Bye Canaduh oil....is the carbon tax doubling now?Trudeau has built zero pipelines. The left wing loonies in Quebec are stopping the Energy East pipeline and going west, Trudeau eliminiated tankers in Vancouver bay.....ship oil, no tankers.  

Trudeau's carbon tax is hurting oil....all investment money going to the States.  Sell Canadian expense oil and buy carbon tax free oil in the US.

No getting around it,,,the NDP and the Liberals have destroyed investing in the Canadian oil patch.  Notlely just needs to crank up the corporate tax rate again and chase more oil producers out of town.  




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