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

Comment by emmitton Nov 13, 2019 1:01pm

120 Views

Post# 30345986

RE:TD Report

Strange that he is forecasting wider WCS differentials in 2020 with 250 000 Bbl/d of new takeaway capacity by the 2nd Quarter of 2020. With a concensus price target from analyst of $3.55 TD seems more dovish then most. I wish there was more detail so we can understand how TD came to their conclusions, I love being open to both sides of the trade but it has to be a rational position.

Bullboard Posts

Pro Women’s Hockey League comes to NHL 25 in December