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) > Bnn mccrea comments

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Comment by Pottsyon Oct 03, 2023 4:02pm

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Post# 35667696

RE:RE:RE:RE:Bnn mccrea comments

Q1, I think it's the high divi, remember Nuttal saying the anything above 6% was a "risky venture". Look at the swing in the last 24 hours. I bought back in at $7.25... because of my magic carpet but look where we went $6.99 now about $7.10. This is a trading platform in my opinion. My MC can't predict sell only buy so I am hoping to see a recovery soon. If I were on the sidelines at this price I would buy in. P

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