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.

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Cardinal Energy Ltd (Alberta) > More TFSA money

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Post by Luckyguy777on Jan 04, 2024 10:56pm

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Post# 35811807

More TFSA money

I just made mine and spouse's TFSA depostis. Certiainly at 14k it s small but I am not sure there is a better place to put that money than CJ. I keep tellling myself I should sell some of the taxable shares to offset some risk but have no reason to sell..

Anyone here think otherwise? If I did sell taxable shares, I have to pay tax and get less dividends.. When you have a bunch at a low cost what should a person do?

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