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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 steve957on Jan 11, 2023 12:50pm
207 Views
Post# 35216129

RE:10%

RE:10% share price could be 10.00 $ and still  over 7.2 % dividend,,market has no respect for companies that are way ahead of everybody elce? i hear about BTE CR MEG but they dont pay any dividend, and never have but if oil goes to 100 a barrel for one more year BTE CR MEG will be able to pay a dividend,,,mean wile CJ has a dividend, increased it allready, has an open NCIB bought and canceled shares and paid down huge amounts of debt but still no love from the market 
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