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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 Mar 18, 2024 1:08pm
268 Views
Post# 35938619

RE:RE:RE:RE:RE:RE:Here's a beauty

RE:RE:RE:RE:RE:RE:Here's a beautyYou are back tracking I see, but we know what you said. Who knew, how dare they. There should be no reason, absolutely none for a government to buy a pipleline. Clearly you don't get it, try taking those rose colored glasses off you might be a bit less passive.It wasn't just inflation but also delay after delay that escalated costs. 

Central banks are supposed to be independant but we know they take direction/cues from governments especially when they increase the money supply... Governments should never had allowed the excessive stimulas to occur to the detriment of our economy and the present day risks. But let's not talk about that it seems enraging for you.  History is full of examples where currencies devalue and this is no different. Devalue = Inflation. No views on the carbon tax I see, so you are in full support of lap dog with punishing inflationay policies. Why are you investing in oil it seems a bit hypocritical.  
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