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) > Under 9

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Comment by w8asecon Oct 28, 2022 11:48am

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Post# 35055988

RE:RE:Under 9

Many USA O&G's reported stellar earnings today driving up the S&P

I think Financials to be reported here will be stellar in a couple weeks.... I don't think the stock will drop low enopugh for me to add to my position... but fingers crossed that it does.

GLTAL

Quintessential1 wrote: Most O&G plays are down today. It is hard to blame the total drop on the divy payment. O&G will go back up and so will this especiaaly with the ER approaching fast. This will be a short and shallow cycle and not worth trading IMO.

GLTA longs

RusticHit wrote: 6 cents Givem 60 cents takem ,,shorts made year of Div. in one day