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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)
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Post by kavern23on Apr 19, 2021 6:05pm
129 Views
Post# 33026335

Q1 Price Decks for unhedged production for Alberta Companies

Q1 Price Decks for unhedged production for Alberta CompaniesLooks like Q1 price decks for unheged companies will be:

66.60 Cad dollars for Light Oil
33.18 per barrel for NGL (yay for Yangarra)
3.15 Aeco

This is from Q1 for Prairie Sky as benchmark prices.

They don't have heavy oil but it should be in 57 Cad dollar ballpark.

Other thing to note is freeze off's effected companies NG production in Feb...lol obviously.
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