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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 Moremoney4uon Aug 19, 2022 7:40am
180 Views
Post# 34906711

RE:Anyone remember John Embry ?

RE:Anyone remember John Embry ?HEY, if its making money and the stocks move up, why not. ERIC right now is the OIL GURU. he does his homework and we all benefit. BUT, even at this point its hard not to pick a winner, HWX, TVE, MEG, BTE, ENP, CJ, LOU( 6 months out) eric is holding this and has high expectations, there are many others. OIL has dipped, it will return to the 100.00 range, there is to much demand and lack of supply. PERIOD. CJ has all the ingredients cooking. TARGET is 14.00. DIVIDEND is 7.5% . WHAT a gift. They will drill lots of wells coming up, more earnings and maybe higher dividends, .06 cents is my bet. This should propel the stock into the 10.00 range PLUS. ALL OILS are VERY CHEAP right now. CJ IS A GEM. firing on all cylinders. 
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