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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 uogradon Mar 17, 2021 10:39am
102 Views
Post# 32815945

cj using $52 u.s. for budget

cj using $52 u.s. for budgetso considering we are still holding 65ish and latest production increases are from reactivated wells that were probably hit with a shot of acid before pumping starting their is some dough to be made in them thar hills.

top of the morning to all those irish today or those that we allow to be today.  good day for a few drams of guiness in the alberta sunshine.
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