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)

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Post by upupandaway7on Jul 14, 2021 1:57pm

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Post# 33543158

Saudi and UAE - Oil prices

So typical of analysts over analyzing. Oil prices dropped when the UAE couldn't sign with OPEC on a oil production plan, analysts fearing a price war or market share war. Now there is an understanding between them an the price of oil drops again, this time analysts think other OPEC members may try to up their quotas. Analysts need to stop with the daily flip flopping and let the supply demand fundamentals do their thing.

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Advancing flagship Ishkõday Gold Project in Ontario