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) > CJ about to unveil a double digit yield

<< Previous

Bullboard Posts

Next >>

Comment by Stavkoton Apr 20, 2022 11:14am

229 Views

Post# 34616492

RE:RE:RE:RE:RE:RE:CJ about to unveil a double digit yield

It depends on what you're looking at. In terms of cash flow you have to consider the settle dates, not just the closing prices of the futures contract. That's why you calculate $93 and he says $80 for WTI.

<< Previous

Bullboard Posts

Next >>

Morning Market Outlook for Nov. 25, 2024