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) > looks like a good buy this morning

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Comment by lashingon Mar 15, 2023 10:51am

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Post# 35339729

RE:looks like a good buy this morning

The correlation is oil is ALWAYS the first to get hit with any overall market problems. Every time.
We're going to see alot more of this. Banks failing, war .... all will tank oil.

uograd wrote: financials yesterday were better than expected and hit about 7.50 yesterday

now the swiss can't find anyone to buy their high priced chocolate bars and oil goes in the tank

personally don't see any correlation there so filled my boots at around 6.70 this morning. gics now giong in the tank makes that what 11 per cent payout look even better

might now make money here today but love this rererererererere entry point this morning.