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Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF

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

Post by uogradon Jan 06, 2020 10:54am
162 Views
Post# 30521851

heard that Return is looking at some of cardinal assets

heard that Return is looking at some of cardinal assetsMchardy just recapitialized Return Energy from the ashes and threw about 25 million into it.  He is of spartan fame or infamy depending on where you sit

those guys do know the cardium so there is a rumour that they are looking at some of cardinal stuff.

take it for what it is worth. stock has gone from about .005 to .06 so there is a lot of fluff in the paper at the moment.  They will be raising more dough shortly.
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