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) > Oil Climbs Toward $80 a Barrel

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Comment by loopsbutterflyon Mar 01, 2024 5:57pm

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Post# 35910473

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Oil Climbs Toward $80 a Barrel

then further more if I keep the shares in my RRSP I will not have to pay tax then if can rise the capital very quickly.....that's why the RRSP is a good investment

until I do a withdraw...I dont have to pay tax.

and I can withdraw the money in an orderly manner in order to avoid huge tax bill.

sorry I didn't explain quite well...I can sell all my shares in the same year but I have to withdraw the money slowly every year after my seventies....that's it that's all

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