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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

Comment by Kadiddelhopperon Aug 06, 2022 12:05am
226 Views
Post# 34875947

RE:Another good day for Carling

RE:Another good day for CarlingHave mostly Cardinal, also Gear, and  PNE for Nat Gas .  all pay a monthly Div.

 LOU for a position in the Bakken play of the Dakotas, and considering TVE and TNZ for the Principles behind both., as Management and Investors.
 


 Gear has no Debt and no hedges, and an almost 10 % Div, paid monthly @ 1cent / share..except end of this Aug, it is premiumed @ 2cents, to make-up for no July Div.  Ex-Div Aug 12th., next week

 PNE just announced a 20 % increase to their monthly Div at now 1 cent/ month  to yield approx 6.5%... In this as a small inexpensive unknown Nat Gas producer with potentail for a take-out., by the bigger guns. Ex-Div near end of month.
 
 Have ITE.on TSX ... an Alberta ClearWater play  Company based out of the U.K. as I3E with a huge North Sea play called Serenity, and in Canada in the prolific Clearwater play.. monthly pay in Cdn, yield 6% per anum... again more for the Cap Gain eventually. .  Ex-Div Aug 11th next week
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