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Cardinal Energy Ltd (Alberta) T.CJ

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

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

Comment by cre8value4meon Aug 03, 2022 4:08pm
228 Views
Post# 34869296

RE:RE:So exactly what happened today

RE:RE:So exactly what happened todayThe USA is not happy with the oil price and with elections on the horizon will use every tool in it's box to knock oil price down including fist pumps with MBS. The oil price is being attacked until the November elections have passed. Not to mention the money they will make after selling the reservres high and filling back at lower price's
Where is Keystone when you need more friendly energy?? 
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