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) > Is CJ buying shares?

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Comment by Burgersandfrieson Dec 22, 2022 11:13am

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Post# 35187138

RE:RE:RE:RE:RE:RE:RE:RE:RE:Is CJ buying shares?

I'm a recent buyer here ....the novelty of being debt free in this industry is amazing very few have done it can you imagine no debt maybe for once these companies will actually be in control of themselves and not beholden to banks...my opinion...build cash wait for soft spots in the market buy back shares the divi is more than handsome as it is.

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