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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) > Volume...
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Post by kavern23on Jun 08, 2021 10:33am
155 Views
Post# 33347345

Volume...

Volume...403k have traded in first hour for CJ.

Was some debate on Eric Nuttall and if he own or doesnt own CJ...but volume wise it doesnt seem to matter.  We have investor interest.

CJ has alot of followers from the retail community.  Liquidity is fine in CJ.

CJ is just very tied to oil prices right now.

With a good oil inventory report be nice to be in the 3.20 and up range again soon.

GL all.
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