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.

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Cardinal Energy Ltd (Alberta)

Bullboard Posts

Comment by CashGreenGoldon Feb 04, 2019 6:36pm

78 Views

Post# 29317790

RE:RE:Show Us the $$$

it's a balancing act.

I think the EV is inevitable but the level of permanent penetration is up for debate with the current interation of the technology.

Cargo transportation just can't get done with the current battery. And for anyone wanting to drive any distance, these vehilces become a real propblems.

So we'll see what the technology brings. There is a risk of about 10-15mm barrels a day IMO. Which is a lot, but by when is the bigger question.

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?