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) > DIVIDEND to 7 cents

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Post by Moremoney4uon Oct 03, 2022 11:58am

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Post# 35001695

DIVIDEND to 7 cents

In the new year, divy should be going to 7 cents. EPS, INCREASE PRODUCTION, BUYBACKS, DEBT REDUCTION, ETC, will move this stock into the 10.00 $$ range,. We are currently getting a very attractive divy. OIL price is now in UPWARD direction. THIS IS A GEM. It has it all. LOAD UP THE TRUCK.

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