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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 Quintessential1on Jul 05, 2024 7:48am
111 Views
Post# 36119297

RE:RE:RE:RE:Oil demand likely to be strong despite IEA data

RE:RE:RE:RE:Oil demand likely to be strong despite IEA dataImpossible.  It never got that cheap again.  You just averaged up.  No captal gain for you.

If anything income...taxed at full rate...if....

GLTA



loopsbutterfly wrote: yes I sold out but I bought back on the cheap...lol   with huge capital gain...$$

Are you jealous???

62 000 shares fully paid...$$$


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