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) > Light Crude Oil (CL1:COM)70.12 0.16 (0.23%)

<< Previous

Bullboard Posts

Next >>

Comment by BadShituationon Jun 10, 2021 3:07pm

213 Views

Post# 33366441

RE:RE:RE:Light Crude Oil (CL1:COM)70.12 0.16 (0.23%)

It is supper bullish.

although, the reasoning for the sellof seems to just be illiterate traders not understanding of the sanctions on Iranian oil officials VS Iranian oil exports

it does show some skittishness in the market though, although allot of my equities held up ok.

Whoever exited wti position is likely getting talked to, atleast probably has to reenter imo

Congrats and enjoy your profits when you cut some :)

<< Previous

Bullboard Posts

Next >>

POET increases production capacity to meet AI demand