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.

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Cardinal Energy Ltd (Alberta)

Bullboard Posts

Post by Fastvinnyon Nov 20, 2020 1:55pm

823 Views

Post# 31942011

Still in the dumps

I'm happy I sold a while back. It will take a long time to get back to a buck.
Happy went to green economy , huge money makers and it won't top anytime soon.
might get back in when oil gets back to 60.00 and up..

if you buy lots now i guess in a year or 2 this might work out...patience is required i guess.

Most of these small players will have a hard time..even big oil is looking at green .

GLTA

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