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Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF | T.CJ.WT | T.CJ.DB

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 JDavis17on Apr 16, 2018 11:33pm
183 Views
Post# 27895178

RE:RE:RE:cj to spe

RE:RE:RE:cj to spe
iwpete wrote: I guess I'm not much of an investor.  I buy a couple of hundreds shares here and there... 
I'm sitting on a bus, well it's actually called a coach (like a Greyhound bus) and we're going down this dirt road full of potholes, the poor bus is just making all kinds of horrible noises and we'll be at work in about 20 minutes or so.  (I'm told the buses used to cost $800,000 and that they're way over a million $ now.) 
I usually try to sit by one of the Imperial oil guys, execs, engineers .. or something and I just ask questions.
The other day I watched the bus driver fill the bus at the gas filling station, it's owned by Parkland, and the bus took a thousand litres to fill.  I was stunned.  1000 litres and the price is like Vancouver's.
So I just thought it might be a factor, but hey what do I know.


Just the cost of doing business. There are a hundred factors more important than what it cost to fuel up your bus.
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