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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 7Twiggyon Aug 18, 2022 12:52pm
251 Views
Post# 34905107

RE:Anyone remember John Embry ?

RE:Anyone remember John Embry ?Remember he was a real gold bug.  Don't think we ever saw his predications come to fruition.
He hated giving top picks. I remember on of his picks went south as the company he recommended
was a type of Bre X.  Right now it is hard to pick an oil and gas stock and not be right. Looks to me like a lot of investors are just jumping around trying to get the dividend and move on to a stock with a closer dividend date.  Cardinal looks like a great play to me. Sit around and collect the divident while in all likelyhood the stock will be a lot higher in the coming months.
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