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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 survivor2015on Nov 11, 2017 12:29pm
136 Views
Post# 26945250

RE:Prepare for some turmoils next week

RE:Prepare for some turmoils next week
I don't understand short sellers on oil.  Even with a beginner chart readers like me clearly shows the time to short was from 2014 to early 2016 with some smaller opportunities in 2016 and 2017 but the bull trend was set from February 2016.Use weekly charts on oil futures.

And shorting on geopolitical commodity like oil is really playing with fire.  Big fire.  Massive rockets.  Balistic missles aimed at the Saudi Arabia airport in Riyadh and intercepted...

The story is far from over.  It's just beginning....
Bullboard Posts
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