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Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF

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

Comment by TheWokeLemmingon Jan 04, 2023 1:05pm
200 Views
Post# 35203031

RE:RE:RE:RE:It took WTI to drop $3

RE:RE:RE:RE:It took WTI to drop $3

Kadiddelhopper wrote: After working in the Oil and gas . the ordinary Citizen has no concept of the Capital intensity together with the Labour involved to bring that litre / gallon of intense BTU energy to your nozzles at the EZ Fill up at the corner. Shut it all down for 10 days, and the doozies still would castigate the Industry for their inconvenience ! ..End of Rant !

 

The average Canadian voter also seems to have no clue on how significantly all our oil and gas revenues benefit our health care and education systems.  Socialists (and that includes Trudeau's Liberal party) truly are living in unicorn fantasylands.  

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