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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 JayBankson Mar 04, 2021 6:48pm
118 Views
Post# 32724295

RE:RE:$1.870.22 | 13.33%....sweet

RE:RE:$1.870.22 | 13.33%....sweet

kavern23 wrote: My margin is going to be released if CJ hits 2 bucks....going to have more archers to hammer with...Thank you Mr  Murray Edwards....we have brought the confidence back

 

I'm in the same boat, tho I believe before they open the reduced margin it has to be approved by the IIROC... I have the latest list of eligible securities, CJ was removed 2 lists ago...

That said, the newest list took effect yesterday and I have a company listed as added, but no margin allowance was added to my account for it... so I don't fully understand why not or how it really works... I trade through Scotiabank and expected them to be a day behind the date of effect, do you know the expectations for this?

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