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Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF | T.CJ.WT | T.CJ.DB

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) > CJ mention on Stockwatch
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Comment by Moemoney42on Jun 03, 2021 6:29pm
101 Views
Post# 33326679

RE:RE:RE:RE:RE:RE:RE:RE:CJ mention on Stockwatch

RE:RE:RE:RE:RE:RE:RE:RE:CJ mention on StockwatchKavern23 wrote:
"HeyMoemoney....I may not be the "great cheadle"...but I think you mentioned something about 2.99 for Cj and I said 3.08...hmmm...CJ's low was what today...3.08 - 3.20"


No worries Kaven... just my take on the trend... by the way I said "this week" last time I checked there is still one more trading day this week.. read carefully to what was said...

"The three attempts at closing higher this week failed on a breakout in oil prices tells me you'll get your $3.08 fill this week... wouldn't be surprised to see a $2.99 handle if the oil price softens.. ;-)"

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