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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Post by forecast123on Jul 25, 2019 4:12pm

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Post# 29961055

WCP seems more attractive than CJ

With most Canada energy stock falling today (despite SU Q2 report released today is good), I ended up increasing my inventory of WCP instead of adding onto my CJ inventory bc with the current statuses of WCP vs CJ, WCP looks more attractive ...CJ Q2 will be out Jul 30 after market while WCP and BTE Q2 will be out Aug 1 before market. We will then see how strong their Q2 results will be and whether the results will generate a pop in SP.

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