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Cardinal Energy Ltd (Alberta) T.CJ

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

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
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(84)
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Comment by itsalieon Jun 22, 2018 2:41pm
180 Views
Post# 28214987

RE:RE:Let's get ready to rumble.. only 600kbpd of new oil coming

RE:RE:Let's get ready to rumble.. only 600kbpd of new oil coming
teekae wrote: Wait until the market realizes OPEC cant increase production. Then what? In 1-2 yrs from now, OPEC wont be having this meeting again, because they wont be able to commit to increases. We're gonna get oil from Guyana?? Because Venezuela is working out so well?


then maybe the US shale comes back on line.. there are no guarentees .. OPEC could have raised it by 2 million.. but for now I'll take it and the 8% divvy
Bullboard Posts
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