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.

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Cardinal Energy Ltd (Alberta) > Merger candidates and presentation

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Comment by kavern23on Apr 20, 2021 10:54am

62 Views

Post# 33028794

RE:RE:RE:RE:Merger candidates and presentation

Bonterra is down :

$3.33

-$0.13

(-3.76%)

Are you going to average down?

I am getting cash ready to tackle CJ today. Down days are opportunties.
Question is if I can get shares between 2.20 and 2.25 today. Worth it for me if I can.

oilypants wrote: NOT OILMAN brokavern23 still not answer valid question?he has much to say about everything but not this? Maybe i ask energy broker friend but u might not like answers about TIER 2 assets NO DRILL cj.

swingtrading wrote:
I did read several presentations and may have missed something. I am looking for something similar to GXE's presentation on page 12-16. Granular details about IP90s through to IP365 plus DCET costs.Multi-laterals vs single 1/1.5/2 mile, EURs and capital efficiencies. GXE price sensitivity was a nice touch in their presentation(page 12) with Lloydminster having 175% IRR at $60 oil. I want to be able to compare the two companies asset base any help you can provide is appreciated. Maybe an older presentation has this information?