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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 10:49am
156 Views
Post# 32567925

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

RE:RE:RE:Oil and Nat Gas versus Wind and Solar Amid FreezeBack - point is there could be a re-balancing of the 'moral' persusion of the mainstream population taken with the greens narrative that energy past is 'evil'. I am pointing out that there is a middle ground. Co-gen is an good attempt and smart move at evolving the application of fossil fuel; but the greens are still not satisfied with that. These events (Texas and US weather) may create a seed of doubt about how 'easy' it is to make the transtion. BTW - Alberta balanced it's budget in the 90's with NG at 4.00. What are Ontario and Quebec going to do to balance their's? Ask for more Federal subsidies for EV's. Haha! TD12
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