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.

TSX:CJ - Post by User

Cardinal Energy Ltd (Alberta) > At what point would cj cut the Div to 5 cents?

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Comment by Quintessential1on Nov 25, 2022 9:17am

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Post# 35127783

RE:RE:RE:RE:RE:RE:RE:At what point would cj cut the Div to 5 cents?

Good to know. Now was he referring to CJ itself or the the market or the O&G sector as a whole?

I would love to snap up some X-mas shares.

GLTY and all.

CJInvestor wrote: According to Cramer on CNBC, the mother of all oil opportunities is coming in December with a big drop in price so I assume there will definitely be one more big chance to get into CJ at bargain basement prices in the low 8s.

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