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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 Moremoney4uon Sep 23, 2022 1:07pm
199 Views
Post# 34982352

RE:This is why you buy bank stocks if you like dividends

RE:This is why you buy bank stocks if you like dividends10.5 %  is hard to ignore, banks, have had their run. ENERGY , stocks are down, economies will improve, rates will come down, supply demand for OIL is still not there. WAR will escalate, CHINA IS OPENING UP, this ALL POINTS TO oil price going up, plus many more factors. IN 6 to 8 months , WE WILL see oil back into the 100.00 range. WE get paid to wait . BUY ON DIPS. 
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