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) > Tweet from Nuttall a few min. ago

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Comment by rodster55on Jul 16, 2021 12:35pm

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Post# 33560011

RE:Tweet from Nuttall a few min. ago

Wow..... WTI @72 USA dollars and we can buy back 51% of o/s shares with FCF ? There must be alot of people sitting on the sidelines waiting. Get use to the oil market volitility and ask yourself why do you own Cardinal Energy shares. The fundamentals have not changed IMHO and looking to add down here !

GLTA Longs !

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