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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 JayBankson Jul 03, 2024 4:11pm
176 Views
Post# 36116991

RE:Is no one long on here the least bit concerned?

RE:Is no one long on here the least bit concerned?

CJInvestor wrote: We have completely decoupled from WCS pricing. I am close to selling break even with dividend so far paid out at 5 percent. 

 

Do you need a hug and reassurance everyday on your investments? You should probably look for help from a professional if your feeling like Chicken Little...

Might I suggest GICs or a High Interest savings account...
 

The Stock traded in the high 5s at year end when oil was in the low 70s & sub and now that the share price is 10% higher and Oil has risen nearly 20% your concerned because of that relationship...

Come on dude, quit trying to bait convo, if your lonely get a hooker and spare the community!

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