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.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by geezer21on May 31, 2022 8:40pm
87 Views
Post# 34721870

Sanctions On Iran Oil Not Coming Off Any Time Soon

Sanctions On Iran Oil Not Coming Off Any Time Soonhttps://www.zerohedge.com/geopolitical/take-look-inside-irans-secret-underground-drone-base

Take A Look Inside Iran's Secret Underground Drone Base

by Tyler Durden
Tuesday, May 31, 2022 - 05:45 AM

In a boastful flex of military muscle at a time of increasing tensions, the Iranian army has provided a glimpse inside its new subterranean drone base.  

The facility's specific location wasn't disclosed, but it's said to buried hundreds of meters underground somewhere in the Zagros Mountains, a nearly thousand-mile-long range spanning most of western Iran. 

"Strategic UAV Base 313" was showcased in a Saturday report on Iran state television. The reporter was blindfolded during a 45-minute helicopter flight to the facility.

"No doubt the drones of Islamic Republic of Iran's armed forces are the region's most powerful," said Major General Abdolrahim Mousavi. "Our capability to upgrade drones is unstoppable."

The show of strength comes at a time of rising hostility between Iran and the Israeli and U.S. governments:

  • On May 17, Israeli media reported that the U.S. Air Force would join Israel in a drill simulating a massive attack on Iran's nuclear facilities. 

  • On May 22, Israel assassinated a senior Islamic Revolutionary Guard Corps (IRGC) officer in Tehran.

  • On May 24, the U.S. government—with help from Greece—seized oil from an Iranian oil tanker. On May 27, Iran retaliated by seizing two Greek tankers in the Persian Gulf. 

The Iranian TV segment, which aired Saturday, showed a tunneled facility stocked with an array of unmanned aerial vehicles (UAVs), said to total 100.

Among them, Ababil-5 drones, which were first revealed in an April military display. The displayed Ababil-5 UAVs were fitted with Qaem-9 air-to-surface missiles, which are akin to the U.S. military's Hellfire.  

"The Iranian military is rapidly developing its drone capabilities, and we are also producing new types of UAVs that can carry out all kinds of missions," said Mohammad Bagheri, chief of staff of Iran's armed forces.  

With the broadcast, Iran unveiled two new cruise missiles: the Heidar-1 and Heidar-2. This 1-minute hype video about them is worth watching for the intense drum soundtrack alone:

 

 For a fuller look around the facility, here's the complete Iranian state TV segment:

 

The base is out there somewhere: Iran's Zagros Mountains (via Britannica.com) 

<< Previous
Bullboard Posts
Next >>