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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 Munny23on Oct 25, 2017 11:45pm
125 Views
Post# 26860219

RE:RE:RE:RE:The advice don't put all your eggs in one basket

RE:RE:RE:RE:The advice don't put all your eggs in one basketIsn't that the truth. I broke my rule of having no more than 40% max in one sector and somehow I ended up with 100% oil and gas companies.

wake me up if we ever get to an oil bull run. Otherwise I'm fuked 
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