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) > Estimated Earnings

<< Previous

Bullboard Posts

Next >>

Comment by lnggasfor202324on Oct 26, 2023 3:32pm

355 Views

Post# 35702835

RE:Estimated Earnings

I wouldn't be suprised to se Cashflow per share of .47 a share once you factor in the price of WTI, WCS differential, and the Cdn dollar. The time is on the shareholders side and not the shorters side in. my opinion and of coarse i'm no exspert on this. We will see Nov 7.

<< Previous

Bullboard Posts

Next >>

Desert Gold Ventures - A jewel for the investor?