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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)
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Comment by Confuseddon Aug 01, 2017 6:22pm
97 Views
Post# 26535673

RE:RE:RE:RE:RE:Where is Q2

RE:RE:RE:RE:RE:Where is Q2Well this morning I was debating buying 20k worth of BTE or CJ for a quick trade and chose CJ, was definitely wrong today as BTE had decent earning report and went from 3.44 when I looked at it to a close of 3.63... Even though they are carrying a lot of Debt they kept their head above water... If oil goes where I think its going by end of decade both will do well. I have worked in the oil industry for a 17 years and right now is the bleakest I have ever seen it....
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