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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 swingtradingon Apr 19, 2021 12:26pm
203 Views
Post# 33022284

Merger candidates and presentation

Merger candidates and presentationI am looking to buy a few small caps but have not decided which ones and it would be helpful to get an understanding on who could or would merge as that would be an added catalyst for the stocks.

 I did spend some time going through presentations on many energy names and was impressed with the granular details some provided. Some outlined in detail the economics of their key assets but I could not find the same information on CJs assets in their latest presentation. I would like to know more and it would be helpful if anyone could point me in the right direction. Thanks
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