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)

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Comment by forecast123on Dec 07, 2018 8:26am

102 Views

Post# 29080947

RE:RE:Got some information from the boss

Stockfy and Largeinvest are the two posters who said they had phoned CJ boss and iterated there won't be dividend cut for CJ...Their posts were on Nov 27 2018 just 10 days before the announced CJ dividend cut... I re-read Stockfy's message ".... no dividend cut no matter what some analysts in TD allege and CJ can afford to wait till May to Jun..." How hilarious !!!! How confident and firm their messages were written and now with a big slap on their faces now !!!!

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