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.

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Cardinal Energy Ltd (Alberta)

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Post by canonmp530on Nov 15, 2017 12:55pm

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Post# 26969261

BOD Failed you!

Everone at LRE DISAGREES

Cardinal also announces that Mr. Robert Wollmann will be joining the Company as Senior Vice President, Exploration effective November 15, 2017. Mr. Wollmann has over 30 years of geotechnical, executive and governance experience, contributing to the growth and management of multiple producers. Mr. Wollmann obtained his Bachelor of Science in Geological Engineering from Queen’s University in 1986. Mr. Wollmann brings a track record of deploying the most effective and efficient exploitation approaches across the western Canadian sedimentary basin and has the experience to help unlock the upside potential in Cardinal’s conventional oil assets.

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