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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) > 52 week high ! Gotcha !
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Post by red2000on May 17, 2022 11:37am
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Post# 34689285

52 week high ! Gotcha !

52 week high ! Gotcha !2 days in a row !!!

This producer will print money for a long time !

Enough time ...
To pay down debt faster.
To increase dividend.
To increase profitable production.
See May presentation, page 7 to 12 and more...
https://cardinalenergy.ca/wp-content/uploads/2022/05/May-Corporate-Presentation-Final-to-Website.pdf

For Managing a potential acquisition !
A lot of small private producers available, tired of their business and need a nice retirement plan
To Process DD !!!

Very nice opportunities, many cards up their sleeves for Cardinal Energy
Who knows !!??

Please do your DD it's your money !


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