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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) > Does anyone know the average price per barrel of oil this Q?
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Comment by Quintessential1on Jun 28, 2024 3:50pm
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Post# 36111364

RE:RE:RE:RE:RE:RE:RE:RE:RE:Does anyone know the average price per barrel of oil this Q?

RE:RE:RE:RE:RE:RE:RE:RE:RE:Does anyone know the average price per barrel of oil this Q?Yeah I kind of thought so and DRIPing through the brokerage is not a bad way to go if your are too busy to stock watch but if you have the time,  I think you can do better than TD will do for you even with you brokerage fees attached and you keep control and have the fun of buying.  Let's face it you're kinda watching the stock anyway.  You can even save up monthly dividies to reduce your fee per purchase ratio.  Totally up to you and good luck with it.

GLTA


CJInvestor wrote: You are correct Q. I verified with cardinal via email. Its a synthetic drip and their real drip was suspended in 2017 to reduce dilution. So they pay in cash and then TD reinvests it for me with no trading fee. 


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