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) > Steady As She Goes.

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Comment by Quintessential1on May 13, 2024 9:58am

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Post# 36036637

RE:RE:RE:RE:Steady As She Goes.

Now that I think about it Potts didn't you say you were an all or nothing guy?

You picked a good time to break your own rules. Holding a core has its advantages.

I guess CJ is trending up now that were exiting the shoulder season.

What's your swing window? Obviously starts in the $6.90s

GLTY and all

Pottsy wrote: Actually Q1 I reduced my CJ holdings by 50%, and moved that to another stock, that's when my Majic Carpet let me down. So with tail between legs I bought back in at $6.93. Lesson learned.

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