Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF

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

Comment by DowopDowopon Apr 01, 2022 9:50am
179 Views
Post# 34566633

RE:RE:RE:Rabbit Hole

RE:RE:RE:Rabbit HoleWTI averages.  I posted my math some time back and still come up with  the same Phase 1 target hit date of "slightly before the end of April" hard to tell closer than that using averages. We don't know if their Capital budget is front end loaded because they don't flash it quaterly. They should start to do this btw= better Governance for a company with 1Billion Market cap now.
Still say starting with 7 cents (even if oil is higher). ex- divident date May 30.

Cushing, OK WTI Spot Price FOB 2022
Date Price $ Price €
March 2022 $108.87 €98.80
February 2022 $91.64 €80.80
January 2022 $83.22 €73.55
December 2021 $71.71 €63.44
November 2021 $79.15 €69.34
October 2021 $81.48 €70.24
September 2021 $71.65 €60.88
August 2021 $67.73 €57.53
July 2021 $72.49 €61.32
June 2021 $71.38 €59.25
May 2021 $65.17 €53.66
April 2021 $61.72 €51.52

<< Previous
Bullboard Posts
Next >>