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Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF

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

Comment by lnggasfor202324on Oct 06, 2023 2:21pm
385 Views
Post# 35673641

RE:RE:RE:RE:RE:RE:RE:Blood bath

RE:RE:RE:RE:RE:RE:RE:Blood bathI couldn't agree more.  John Brussa also agrees, he bought 25000 shares at $6.90.  I would be suprised if cardnal doesnt break out Nov 7 the day after the 3rd qtr earnings release after markets close.  I bougfht The $5.00 calls for Jan 17/25 and Jan 16/26 calls as well as a boat load of shares.
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