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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)
Bullboard Posts
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(81)
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Comment by OOU812on Oct 11, 2017 11:57am
135 Views
Post# 26799463

RE:RE:Royalties and tax selling

RE:RE:Royalties and tax selling
Confusedd wrote: I own CJ but does anyone on this Board have GXO? They pay the same Divided as CJ.... Quite oversold right now but maybe is bottoming out over the past couple days? Any thoughts?

their yearly cash flow and their yearly capex are about the same you have to wonder where the dividend is coming from.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities