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) > Best 15 CDN O&G stocks so far in 2023

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Comment by Quintessential1on Jan 29, 2023 9:59am

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Post# 35252577

RE:RE:Best 15 CDN O&G stocks so far in 2023

I think I see the point you are trying to make and these names are worth keeping an eye on but much like trying to catch a falling knife it is also hard to jump on a fast moving train. If you're not already invested there is a lot of potential downside here especially with KEI which has peaked and vallied before.

I appreciate you putting these names on my radar though.

GLTY and all

savyinvestor333 wrote:
red2000 wrote: With a WTI still down 1,3% so far this year ! Not a bad start !

Without Dividend added ! It's pretty good for CJ !!

KEI and VLE are Canadian listed and are blowing these comps.out the window.