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) > SAGD Warm Up Phase

<< Previous

Bullboard Posts

Next >>

Post by Khersonon Jul 01, 2024 10:33pm

416 Views

Post# 36113799

SAGD Warm Up Phase

I find it interesting that the projected start time to begin the SAGD warm up is in 12 months, yet it seems that Cardinal does not have anyone yet on staff overlooking the shop fabrication?
Maybe I am wrong, but I strongly feel that Strathcona is gonna buy us in the end.
Kherson

<< Previous

Bullboard Posts

Next >>

Paramount Resources signs $3.32 billion asset sale