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) > New Press Release - Cardinal Energy Ltd. Announces First Quarter 2023 Operating and Financial Results

<< Previous

Bullboard Posts

Next >>

Comment by red2000on May 12, 2023 8:34am

254 Views

Post# 35444966

RE:RE:New Press Release - Cardinal Energy Ltd. Announces First Quarter 2023 Operating and Financial Results

Seriously this stock is wonderful !!!
Top dividend for the CDN energy producers !

If WTI come back to 80$ quickly, Cardinal may hit AFF in Q2 equal it's actual LT debt !!!

As you see this LT debt is no more an issue.

An obvious target for a hostile offer of acquisition by another CDN producer.

An easy 30% discount at this price. Only my O !

Please do your DD, it's your money !

<< Previous

Bullboard Posts

Next >>

Unique Battery Metals opportunity in Quebec