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)

Bullboard Posts

Post by forecast123on Jul 28, 2019 6:45pm

129 Views

Post# 29968591

your thoughts on CJ SP at end of 2019 ? at end of 2020 ?

I have CJ, BTE and WCP with CJ being the largest quantity. I am considering how long I will hold CJ in my portfolio for its SP to rise to 5 C$. Do anyone think CJ SP will rise to 5 C$ by end of 2019 ? end of 2020 ? Right now CJ SP is so weak that holding it is depressing.

Bullboard Posts

3 Mid-Sized Stocks to Consider This Season