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 Bennys65on Mar 21, 2018 9:34am

129 Views

Post# 27752213

RE:RE:CJ's netback jumps and will continue to rise in Q1 2018

I agree they have a plan and maybe my thoughts are based on bad feelings because they had a plan for mitsue and bantry that blew up and cost me a lot of money.Having said that until I see evidence that the plan has been put in place and we have some visabilty as to where we are going I will wait.No mention of that plan in 2018 outlook.

Bullboard Posts

They started in video game investing, now they serve high net worth traders