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.

TSX:CJ - Post by User

Cardinal Energy Ltd (Alberta)

Bullboard Posts

Comment by Olimpuson Jun 14, 2017 3:34pm

84 Views

Post# 26363019

RE:Cardinal going to 4 soon

No way this goes to low 4's... let alone 3's.

Asset values are to high.

This stock hit 4.70's when the whole market crashed, oil hit 30 and it cost 40% more per barrel to produce.

Please load up your shorts at this level while I continue to build my long position. I love putting the screws to shorts

Bullboard Posts

High-growth stock Happy Belly opens first Rosie's Burgers in Alberta