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.

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Cardinal Energy Ltd (Alberta) > Crude Inventory:

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Comment by Quintessential1on Jul 03, 2024 4:52pm

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Post# 36117094

RE:RE:RE:RE:RE:Crude Inventory:

Oh it is most definately manipulating the market. Not really my theory as I read it in other posts. I don't much care as you can't do it for long as the numbers have to catch up eventually.

As one poster has already pointed out it is not like the market cares what the oil price is when it comes to CJ's share price it seems.

With any luck the Q2 ER is going to show more revenue and less debt...that is the real market mover.

GLTA

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