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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)
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Comment by MustangMatton Jul 04, 2018 1:47pm
144 Views
Post# 28268108

RE:RE:RE:Supply/Demand outcomes...

RE:RE:RE:Supply/Demand outcomes...Oily X it is not that there is no Data, there is old data and in my opinion Saudi government data.  To be fair I have not seen any new info on data that may have been collected for an IPO.  You would think they would have to open the kimono on the IPO, I am interested to see what they come out with.

The problem is ss mentioned before, the U.S.A and The Saudi are in bed.  The Americans want the IPO on the NYSE, don't you think the "independent" report is going to be biased to whatever the kingdom wants?

Cheers Matthew
Bullboard Posts
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