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

Comment by PUNJABIon Dec 21, 2017 2:03pm

105 Views

Post# 27207815

RE:See the wall at 4.85?

The wall at $4.85 is one order to sell 100k share from Scotia ITRADE. Could be just retail seller, unless the objective is to display resistance with implied cap for retail crowd. I do not see why a professional trader will post a large block of shares and expose his position for everyone to see, usually trader chop off the orders in smaller quantities.

Professional traders can use iceberg orders where only small portion is display for everyone to see but underneath there is a large block of shares.

Rig count have some impact. WTI prices continue to trade higher because of Brent prices and OPEC cut. There is a $6.5 difference between the Brent and WTI. Even if US shale racks production, some of the US light crude is being exported out and the there is a downtown in inventories every week.

Even though Scotia has posted a 100k order to sell the volune of trades from Scotia is very little

rades for C:CJ on 20171221 for broker #85 - 100 trades displayed

Time ET	Ex	Price	Change	Volume	Buyer	Seller	Markers
13:42:31	T	4.84	0.05	50	85 Scotia	7 TD Sec
13:38:36	T	4.84	0.05	200	85 Scotia	7 TD Sec	K
13:37:33	T	4.84	0.05	500	85 Scotia	1 Anonymous	K
13:37:33	T	4.84	0.05	300	85 Scotia	1 Anonymous	K
13:37:33	T	4.84	0.05	500	85 Scotia	1 Anonymous	K
13:21:41	T	4.84	0.05	2,400	85 Scotia	2 RBC	K
13:21:08	X	4.84	0.05	100	85 Scotia	1 Anonymous	K
13:21:08	X	4.84	0.05	200	85 Scotia	1 Anonymous	K
13:21:08	X	4.84	0.05	200	85 Scotia	1 Anonymous	K
13:21:08	T	4.84	0.05	1,000	85 Scotia	84 Ind Trading	K
13:21:08	T	4.84	0.05	1,300	85 Scotia	7 TD Sec	K
13:21:08	T	4.84	0.05	1,200	85 Scotia	39 Merrill Lynch	K
13:21:08	T	4.84	0.05	100	85 Scotia	79 CIBC	K
13:21:08	T	4.84	0.05	300	85 Scotia	79 CIBC	K
13:21:08	T	4.84	0.05	100	85 Scotia	79 CIBC	K
13:21:08	T	4.84	0.05	100	85 Scotia	79 CIBC	K
13:21:08	T	4.84	0.05	100	85 Scotia	1 Anonymous	K
13:21:08	T	4.84	0.05	100	85 Scotia	53 Morgan Stanley	K
13:21:08	T	4.84	0.05	100	85 Scotia	39 Merrill Lynch	K
13:21:08	T	4.84	0.05	2,500	85 Scotia	1 Anonymous	K
13:21:08	T	4.84	0.05	100	85 Scotia	79 CIBC	K
13:21:08	T	4.84	0.05	100	85 Scotia	79 CIBC	K
13:20:01	A	4.84	0.05	2,900	85 Scotia	79 CIBC	K
13:20:01	A	4.84	0.05	3,000	85 Scotia	79 CIBC	K
13:20:01	A	4.84	0.05	3,000	85 Scotia	79 CIBC	K
13:20:01	U	4.84	0.05	400	85 Scotia	2 RBC	K
13:20:01	O	4.84	0.05	200	85 Scotia	2 RBC	K
13:20:01	O	4.84	0.05	300	85 Scotia	1 Anonymous	K
13:20:01	O	4.84	0.05	200	85 Scotia	1 Anonymous	K
13:16:42	X	4.83	0.04	200	1 Anonymous	85 Scotia	K
13:16:42	O	4.83	0.04	100	1 Anonymous	85 Scotia	K
13:16:42	M	4.83	0.04	40	7 TD Sec	85 Scotia
13:16:42	T	4.83	0.04	300	79 CIBC	85 Scotia	K
13:01:35	A	4.84	0.05	400	85 Scotia	79 CIBC	K
13:01:35	A	4.84	0.05	3,000	85 Scotia	79 CIBC	K
13:01:35	U	4.84	0.05	400	85 Scotia	2 RBC	K
13:01:35	O	4.84	0.05	300	85 Scotia	1 Anonymous	K
13:01:35	O	4.84	0.05	200	85 Scotia	2 RBC	K
13:01:35	O	4.84	0.05	200	85 Scotia	1 Anonymous	K
13:01:35	O	4.84	0.05	200	85 Scotia	1 Anonymous	K
13:01:35	X	4.835	0.045	300	85 Scotia	1 Anonymous	K
12:17:45	X	4.84	0.05	200	1 Anonymous	85 Scotia	K
12:17:45	X	4.84	0.05	100	1 Anonymous	85 Scotia	K
12:17:45	T	4.84	0.05	100	84 Ind Trading	85 Scotia	K
12:17:45	T	4.84	0.05	100	13 Instinet	85 Scotia	K
12:17:45	T	4.84	0.05	100	79 CIBC	85 Scotia	K
12:05:30	T	4.84	0.05	300	39 Merrill Lynch	85 Scotia	K
12:03:41	U	4.84	0.05	300	2 RBC	85 Scotia	K
12:03:41	T	4.84	0.05	100	84 Ind Trading	85 Scotia	K
12:03:41	T	4.84	0.05	100	7 TD Sec	85 Scotia	K
12:03:41	T	4.84	0.05	200	2 RBC	85 Scotia	K
12:03:41	T	4.84	0.05	100	79 CIBC	85 Scotia	K
11:59:44	X	4.84	0.05	200	1 Anonymous	85 Scotia	K
11:59:44	X	4.84	0.05	400	1 Anonymous	85 Scotia	K
11:59:44	T	4.84	0.05	100	53 Morgan Stanley	85 Scotia	K
11:59:44	T	4.84	0.05	100	1 Anonymous	85 Scotia	K
11:59:44	T	4.84	0.05	100	79 CIBC	85 Scotia	K
11:59:44	T	4.84	0.05	100	53 Morgan Stanley	85 Scotia	K
11:29:11	T	4.88	0.09	1,200	88 Credential	85 Scotia	K
11:29:11	T	4.88	0.09	1,500	90 Barclays	85 Scotia	K
11:21:31	T	4.83	0.04	600	84 Ind Trading	85 Scotia	K
11:21:31	T	4.83	0.04	300	79 CIBC	85 Scotia	K
11:21:31	T	4.83	0.04	300	79 CIBC	85 Scotia	K
11:21:31	T	4.83	0.04	100	1 Anonymous	85 Scotia	K
11:21:31	T	4.83	0.04	100	53 Morgan Stanley	85 Scotia	K
11:21:31	T	4.83	0.04	100	79 CIBC	85 Scotia	K
11:21:31	T	4.83	0.04	100	79 CIBC	85 Scotia	K
11:07:53	A	4.82	0.03	2,900	79 CIBC	85 Scotia	K
11:07:53	O	4.82	0.03	300	1 Anonymous	85 Scotia	K
11:07:53	O	4.82	0.03	200	1 Anonymous	85 Scotia	K
11:07:53	X	4.83	0.04	200	1 Anonymous	85 Scotia	K
11:07:53	X	4.83	0.04	200	1 Anonymous	85 Scotia	K
11:07:53	X	4.83	0.04	600	1 Anonymous	85 Scotia	K
11:07:53	M	4.83	0.04	90	7 TD Sec	85 Scotia
11:07:53	T	4.83	0.04	600	79 CIBC	85 Scotia	K
11:07:53	T	4.83	0.04	700	79 CIBC	85 Scotia	K
11:07:53	T	4.83	0.04	200	1 Anonymous	85 Scotia	K
11:07:53	T	4.83	0.04	200	53 Morgan Stanley	85 Scotia	K
11:07:53	T	4.83	0.04	100	53 Morgan Stanley	85 Scotia	K
11:07:53	T	4.83	0.04	100	79 CIBC	85 Scotia	K
11:07:53	T	4.83	0.04	100	79 CIBC	85 Scotia	K
11:06:56	T	4.83	0.04	800	79 CIBC	85 Scotia	K
11:00:51	T	4.87	0.08	100	84 Ind Trading	85 Scotia	K
11:00:51	T	4.87	0.08	200	7 TD Sec	85 Scotia	K
11:00:51	T	4.87	0.08	1,300	79 CIBC	85 Scotia	K
11:00:51	T	4.87	0.08	300	79 CIBC	85 Scotia	K
11:00:51	T	4.87	0.08	100	1 Anonymous	85 Scotia	K
10:52:28	O	4.83	0.04	200	1 Anonymous	85 Scotia	K
10:52:28	O	4.83	0.04	200	1 Anonymous	85 Scotia	K
10:52:28	O	4.83	0.04	100	1 Anonymous	85 Scotia	K
10:52:28	X	4.835	0.045	200	1 Anonymous	85 Scotia	K
10:52:28	X	4.835	0.045	1,300	1 Anonymous	85 Scotia	K
10:49:38	T	4.83	0.04	3,000	89 Raymond James	85 Scotia	K
10:49:38	T	4.82	0.03	1,400	89 Raymond James	85 Scotia	K
10:42:32	T	4.79		1,000	1 Anonymous	85 Scotia	K
10:37:45	A	4.80	0.01	1,100	79 CIBC	85 Scotia	K
10:37:33	T	4.81	0.02	400	84 Ind Trading	85 Scotia	K
10:37:33	T	4.81	0.02	300	79 CIBC	85 Scotia	K
10:37:33	T	4.81	0.02	300	53 Morgan Stanley	85 Scotia	K
10:37:33	T	4.81	0.02	100	53 Morgan Stanley	85 Scotia	K

House Positions for C:CJ from 20171221 to 20171221

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
90 Barclays	65,200	312,046	4.786	1,500	7,072	4.715	63,700	-304,974
39 Merrill Lynch	51,900	250,362	4.824	9,600	46,237	4.816	42,300	-204,125
13 Instinet	42,100	201,641	4.79	14,200	67,986	4.788	27,900	-133,655
79 CIBC	175,724	843,175	4.798	151,227	723,223	4.782	24,497	-119,952
89 Raymond James	15,900	76,747	4.827	0			15,900	-76,747
58 Qtrade	11,400	55,036	4.828	1,275	6,113	4.795	10,125	-48,923
53 Morgan Stanley	25,600	122,824	4.798	17,125	81,972	4.787	8,475	-40,852
22 Fidelity	5,871	28,356	4.83	0			5,871	-28,356
101 SG Capital	8,600	41,306	4.803	2,900	14,071	4.852	5,700	-27,235
19 Desjardins	3,500	16,450	4.70	0			3,500	-16,450
74 GMP	23,400	111,176	4.751	20,150	97,513	4.839	3,250	-13,663
59 PI	5,100	24,696	4.842	2,000	9,620	4.81	3,100	-15,076
124 Questrade	9,260	44,316	4.786	6,657	32,222	4.84	2,603	-12,094
85 Scotia	38,328	184,120	4.804	35,730	172,009	4.814	2,598	-12,111
33 Canaccord	4,700	22,552	4.798	2,111	10,238	4.85	2,589	-12,314
99 Jitney	2,500	11,998	4.799	200	972	4.86	2,300	-11,026
88 Credential	1,500	7,315	4.877	0			1,500	-7,315
57 Interactive	125	601	4.808	10	48	4.80	115	-553
77 Peters	10,000	47,100	4.71	10,000	48,552	4.855	0	1,452
76 Industrial Alliance	0			34	164	4.824	-34	164
84 Ind Trading	17,325	82,748	4.776	17,906	85,500	4.775	-581	2,752
68 Leede	3,700	17,353	4.69	5,000	23,500	4.70	-1,300	6,147
1 Anonymous	225,000	1,079,015	4.796	232,100	1,114,608	4.802	-7,100	35,593
80 National Bank	29,650	140,776	4.748	43,900	210,729	4.80	-14,250	69,953
7 TD Sec	200,886	960,903	4.783	219,591	1,051,648	4.789	-18,705	90,745
9 BMO Nesbitt	24,370	117,661	4.828	107,267	507,408	4.73	-82,897	389,747
2 RBC	44,199	210,544	4.764	145,355	699,412	4.812	-101,156	488,868
TOTAL	1,045,838	5,010,817	4.791	1,045,838	5,010,817	4.791	0	0