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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 19, 2021 6:40pm
130 Views
Post# 33026435

GXE vs cj

GXE vs cj
Erin Nuttal going crazy for 2022 debt free GXE GXE perfect deleveraging vehicle for NO DRILL GXE GREEN on down day volume so big million shares trade make brokavern23 eyes water trust erin nuttal see words about GXE below Eric Nuttall @ericnuttall 5h How can you NOT be excited about the opportunity in oil stocks?!? Just off the phone with the CEO of a small cap oilco: 20 years of quality inventory trading at 2.1x EV/'22CF + 20% FCF yield at $60. They could privatize 4x before inventory exhaustion. Oh and debt free next year!
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