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)

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Comment by Cardboard1on Mar 07, 2019 3:49pm

154 Views

Post# 29457644

RE:RE:RE:RE:RE:RE:your friend nuttal

"even if they call each other we will never know what is discussed"

Exactly!

I really like what Eric did. Screw the politically correct and professionalism stuff!

His example of wells per $G&A is a little off but, I provided math that cannot be really debated. It is a company that develops almost nothing and has higher G&A than similar sized peers drilling a lot. This makes zero sense.

It is about time that these guys get a earful of our frustration with their make-work projects and protecting their little ivory towers.

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