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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 forecast123on Jun 09, 2017 4:19pm
167 Views
Post# 26347172

RE:RE:Here is 5 again

RE:RE:Here is 5 againI am waiting patiently for the rare occurrences when CJ will visit 5 $ again to stock up more shares...But I don't think such rare occurrences will end up anything near 4.77 $... I think CJ SP will probably dance around 5 to 5.10 $ for a week or so and then climb up to the bought deal price.
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