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Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF | T.CJ.WT | T.CJ.DB

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) > NCIB BEGINS TOMORROW!
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Comment by MohelJFoxon Jun 29, 2022 10:20am
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Post# 34790246

RE:NCIB BEGINS TOMORROW!

RE:NCIB BEGINS TOMORROW!I hope they come out swinging ! They got a huge bank roll, let's pick'em up before they double. 

Common Shares that Cardinal is permitted to purchase is subject to a daily purchase limit of 307,598 Common Shares, representing 25% of the average daily trading volume of 1,230,395 Common Shares on the TSX calculated for the six-month period ended May 31, 2022, however, Cardinal may make one block purchase per calendar week which exceeds the daily repurchase restrictions.
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