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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) > Interesting Rankings
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Comment by captwadeon Oct 26, 2021 2:31am
226 Views
Post# 34048261

RE:Interesting Rankings

RE:Interesting RankingsHard to argue against any of those picks.

I would be tempted to add one more in the "share potential" catagory and that would be In-Play Oil (IPO)  In a release on Aug. 11 the CEO stated that the company would earn more in each of quarters 3 and 4 than it did in the whole first half.  That would put earnings over $2.00 and the stock currently trades at $ 1.65.  Earnings will be out Nov. 15.  Also worth noting that since the comments of Aug.11 the company has made an accretive acquisition.

One might also include a small South East Saskatchewan player, Saturn oil (SOIL) Small but interesting.

Just a thought. I own IPO and have yet to pull the trigger on SOIL., though I probably will.

Good luck all..
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Dealroom for high-potential pre-IPO opportunities