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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) > Meddling or just got it wrong?
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Comment by VeritasVernon Mar 25, 2024 3:01pm
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Post# 35951320

RE:RE:Meddling or just got it wrong?

RE:RE:Meddling or just got it wrong?Iggy, let me dumb it down for you since you have a hard time following.

Remember that chart you looked at and how there was a very positive correlation between the dollar and oil since about Feb 2021 which is a departure from historical? So correlation means mostly the same but not always. But please do keep informing us how the rise in oil has "all the swing traders are all shooken out of the tree like Pottsy and d crew" that is something really good to know!
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