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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) > a blogger's opinion on the effect of NCIB
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Comment by MikeNewTrader11on Jan 17, 2023 5:03pm
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Post# 35229235

RE: a blogger's opinion on the effect of NCIB

RE: a blogger's opinion on the effect of NCIB I could not agree more with the article  IMO.  Every share bought back takes us closer to few people holding a majority of shares in Cardinal.  Which equates to they have the overal and final say with what happens with your shares.  Pay the debt off, pay the dividend, keep some cash in reserve.
IMO 
Cheers
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