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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

Comment by Maxmoeon Dec 07, 2020 11:12am
163 Views
Post# 32049285

RE:RE:RE:RE:interesting deal

RE:RE:RE:RE:interesting dealWhy not cnq? Why so 'personal' I wonder? Looks like a deal with the devil to me. Watch out when that note comes due. Bdc and the banks must have said no to cj. Murray could find this kind of dough in the car seats of his limo so not sure why he would bother other than to block a bid from someone else. Mark his territory kind of thing. The bashing of the last few weeks has now been explained, so let's see what happens to the rest on the bash gang's "hit list".  
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