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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) > Happy to pick up shares here!
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Comment by JayBankson Dec 04, 2023 2:40pm
293 Views
Post# 35767546

RE:RE:RE:Happy to pick up shares here!

RE:RE:RE:Happy to pick up shares here! If this price stays below 6.75 at the close of Friday, I just picked up 3000 more shares... I got .32/contract... After all my fees that's a 6.48 share price for an 11.11% yeild...

I could have got a better price buying outright, but I didn't have $20k outright, so this was an easier way to make the buy as I only had to put up about $6k and should the price jump above $6.75 and I miss out on the shares... I got $912.51 for my 5 days for time at no cost...
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