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 Aug 26, 2019 5:23pm

102 Views

Post# 30067562

chance of CJ SP reach to 3$ from now to end of 2019 ?

Things look so gloomy now for CJ and all energy stock.... Do anyone believe there is chance of CJ SP ever reach to 3$ from now to end of 2019 ? All who previously said CJ SP will rise following a good quarter with good free cash flow, look at Q2 and see our current sad CJ SP !!! So a good quarter and good free cash flow meant nothing, and in fact SP fell more !!!

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