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) > A bunch of you guys are getting pretty gloomy here lol

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Comment by Pottsyon Aug 11, 2023 5:29pm

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Post# 35584695

RE:A bunch of you guys are getting pretty gloomy here lol

Thanks Jay, I agree but don't see a breakout soon, CJ has changed, the investors have changed, it is difficult to determine what is going on. I am now a trader don't care about the divi but at 10 % I would be very cautious, use STOP LOSS at every trade...

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