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Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF

Energy Oil & Gas E&P
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

Cardinal Energy Ltd (Alberta) > 2.15 has been hit...
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Comment by kavern23on Mar 17, 2021 10:35am
84 Views
Post# 32815905

RE:RE:2.15 has been hit...

RE:RE:2.15 has been hit...Yuck...not a great oil inventory report...need the crazy oil bulls to carry us today in the futures market.  Quite bearish report.
Maybe traders will look past it but gasoline demand in states is very weak....need the vaccine to even speedier.

Suprised oil is not under 64 yet but the bulls are pretty strong.
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