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) > Oil goes up and stock goes down too funny

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Comment by meritmaton Sep 24, 2023 9:50am

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Post# 35651163

RE:RE:RE:RE:RE:RE:Oil goes up and stock goes down too funny

Pottsy wrote: Thanks Q1 always great information, I agree monthly updates would help, but why aren't they providing this. My magic carpet has let me down recently however it is saying buy and hold. I checked VectorVest, all good no issues so let's see what happens. As I said in my last post bought in at $7.23 after a sell at $7.42. This stock is good for traders but the key is patience. Thanks again Q1. P

Can't see any oil company running into issues with oil over 90. Just have to wait for 3qt results to see the positive

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They started in video game investing, now they serve high net worth traders