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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
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(20)
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Post by rico91on Sep 03, 2018 7:33pm
252 Views
Post# 28556770

Where to go now?

Where to go now?Last week I sold all of my shares of CJ as soon as I heard of the judges decision. I was able to sell at higher prices than we now have.
Question?
With a rising oil price, which dividend paying oil companies are least affected by the decision and are a buying opportunity?
Is CJ now a best buy or are others better positioned?
I welcome your input !!

Rico
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities