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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 TouchDown12on Feb 15, 2021 10:22am
137 Views
Post# 32567827

RE:Oil and Nat Gas versus Wind and Solar Amid Freeze

RE:Oil and Nat Gas versus Wind and Solar Amid FreezeStockfy, wiell put! We have clinets in our biz in Texas and will be calling them today to get their take. The blackouts will be remembered at the mid-terms in '22 as a green energy ceiling -  snow on solar panels and ice on windmills could  create the 'moral' casue of fossil fuel that the greens like to overplay on the other side. I am all for progress - evolving energy, infrastructure, environment standards - but not at the expense of practicallity and morality. Texas being independent in spirit as Alberta in Canada - this might lead them to led the way to the 'middle' ground. Update: just talked to cleint in Dallas and they said that Dallas only has 37 snow plows for 6.5M people. Cheers! TD12
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