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 Apr 01, 2019 10:42pm

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Post# 29567471

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:WTI up a buck

Yes and they have now rushed so much to bring their crapp to market that it is full of contaminants and some shipments have been turned around in South Korea as refineries can't process it.

The Permian and shale is typical American development: bring really quickly new ideas to market but, when it comes to reliability, repeatability and quality then they get bored even quicker.

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