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) > Musings

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Comment by Carlo2021on Oct 15, 2022 6:51am

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Post# 35026413

RE:RE:RE:RE:RE:RE:RE:RE:Musings

Lucky, you have an interesting collection of energy companies. It seems like you have a huge investment in CJ but none in BIR or VET. Without preying into your personal affairs do you mind sharing if your collection of energy companies follows a specific strategy or if they are one off purchases at a point in time in the market. CJ certainly seems to be the largest divi payer.
To be fair I own substantial amounts of VET( waiting for the the divi payout ) ENB ( solid long term quasi utility ) CJ ( great divi ) and BIR ( finally divi reward ).

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High-growth stock Happy Belly opens first Rosie's Burgers in Alberta