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) > Low volume

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Comment by DaveInvestor59on Nov 05, 2021 10:23am

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Post# 34091611

RE:Low volume

Why should investors wait a year when other energy companies are offering dividends now. Some of us need the dividends to live on, and that's why we buy these stocks. If we stuck it out with these companies during the lean times then we deserve to be rewarded now that it has turned around. Energy companies know that. If they don't offer a dividend now then they deserve to be penalized by investors in my opinion.

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