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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 VeritasVernon Dec 16, 2023 12:55pm
328 Views
Post# 35788276

RE:RE:RE:RE:RE:RE:Confirmation the IEA is a political admin

RE:RE:RE:RE:RE:RE:Confirmation the IEA is a political adminRight,everyone understands the concept of conservation, via efficiency gains, doing more will less and using alternatives when they become viable... But the transition away from fossil fuels isn't about conservation - it's about climate change ideology and alarmism. A lot can be said about why that is happening on a political front and the questionable science that supports the climate narrative but we don't need to delve into that here.   

But standing up at COP28 to push the political adgenda of those there to transition away from O&G; contrary to what they say, is not economically feasible (trillions $), less efficient ( less condensed energy), which will add greatly to inflation and lead to mass food shortages and ulitmately wars.    

I shouldn't and don't want to take credit for saying IEA is more of a political mouthpiece for certain governments and movements -  it actually came from O&G analysts and is the general consensus amoungst the oil industry. 

GLTA
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