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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 JohnBP1on Feb 05, 2021 5:46am
217 Views
Post# 32481506

Dividend and Friday

Dividend and FridayI am thinking that the decision to apply a divi will be up to influence of the recent "Large" shareholder. His history indicates that we will have to wait until debit is way down.=, my guess is early next year.   BTW the Friday usual trend according to my spreadsheet is that we will drop 5 - 7 cents this afternoon and by 4pm...   glta 
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