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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 oilypantson Apr 18, 2021 10:59am
245 Views
Post# 33018796

gxe cj

gxe cj

spoke to broker friend he is OILMAN not accountant told me story about GXE i listen.Eddie Gilmet deleverage company to tell bank stick finger in hole and swivel as he has company back and in control. Eddie big plans erin nuttal accumulating big stock position GXE not down wit oil hug 49-50c 4 weeks chart guy says more accumulation for TOP PICK i say what Eddie plans????broker energy guy NOT ACCOUNTANT says GXE everyone knocking down door for deleveraging vehicle to merge high debt NO DRILL companies.i say give names dont keep me hanging he say CJ NO DRILL merge newco 200million flowing cash 1x debt 3 bagger POP he also say more JOY NO DRIL and he is boss so big problem for some. EDDIE too guy smart ceo but other NO DRIL not so smart guys have corporate entitlement want only to keep job. VP operation drilling pay down debt?wot these guys do no need job sit at home underpants watching tv.NO DRILL no compensation EDDIE take helm but some fight hard for privilege erin nutral bang heads together he buys millions share to make deals tell NO DRILLs to talk. broker friend says after EDDIE top respected guy make GXE into mini WCP buy light oil asset drain flowing cash from newco into bread in butter resource. broker friend such tease i say give up who resource play and tells me CARDIUM big chance BNE Georgie step aside or buy asset merge or find another player. Newco low decline plus light oil additions huge bagger!!!!!
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