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) > Nice

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Comment by cre8value4meon May 31, 2022 11:24am

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Post# 34720129

RE:RE:RE:RE:RE:Nice

I think the American bots are back from Holiday and hungover!
No Falling knife IMHO but as with my previous post just stupid and some unpredictable market moves. I mean anyone who has the least bit of knowledge knows the valuation is still extremely compelling just more patience and of course frustrating price action.
Seriously a~ 3% drop just from the close never mind from the high of the day thus far.
Indices down marginally WTI down marginally.

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