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) > Patience

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Comment by MohelJFoxon Apr 13, 2022 10:01am

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Post# 34599949

RE:Patience

masfortuna wrote: As an Fyi the 2nd quarter is 1/2 done with oil averaging $100. They report the 2nd quarter in the first wek of July historically. So about 10 weeks for that release and that's the time I expect a divy instituted. Patience.

They have 2022's dates all listed on their website compadre.

2022 Q2 – July 28, 2022
*After Market
https://cardinalenergy.ca/investors/investor-information/

I personally think they will commence the dividend before that. I think I picked May 29th ? That's my guess anyway.
We should all start a friendly wager, winner gets a instant 10% increase in their CJ holdings !