CJ CardinalReminder that CJ bought the Broadview Energy's Saskatechwan 3 shovel ready SAGD prospects.
Eventually, they may, release plans for this new prospect. CJ reports next week, will see. Another potential client for RFXL / CTI.
The growing Environmental, Social, and Governance (ESG) focus has put Canadian oil and gas producers in the spotlight. Canada is a leader in carbon intensity reduction. Cardinal injects more carbon than our operations emit, which is often overlooked by standardized ESG reporting.
Canada boasts two of the world’s largest carbon storage projects in the Weyburn and Midale oil pools. Cardinal has a working interest in the Weyburn Unit and operates in Midale. The Midale CO2 miscible flood has sequestered a total of 5 MT of CO2. At Midale, the CO2 flood sequestration potential is up to 32 MT, with the opportunity to recover > 100 mmbbls of oil.