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)

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Post by Coolsonon Aug 10, 2022 4:58pm

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Post# 34886341

Dividend CJ

Check the history it gas tendency to repeat itself. AUG 25, 2014 dividend 0.054c SEPT 25, 2014 Dividend bump to 0.07c. Price at that point around 20$ per share, lots of debt. Since then prices drop , renewal energy appear, us companies fled from Canada...trump appear...crisis. Now we are attacking from below...debt nearly zero prices going up, the world is moving on. Who would tell that Biden administration will do so much for the oil and gas industry...

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