Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s): CRLFF | T.CJ.WT | T.CJ.DB

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 30, 2019 6:38am

139 Views

Post# 29973601

Q2 result not promising for CJ

Suspicuous that Q2 result not promising for CJ bc yesterday (Jul 29) just a day before ex-dividend and Q2 release, CJ SP fell like hell... Even BTE stayed in green, but CJ was in the (severe) red thru out yesterday... Possibly some leak in some disappointing Q2 news !

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