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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

Post by CJInvestoron Jul 05, 2024 2:23pm
174 Views
Post# 36120169

More whining from a long

More whining from a longWhy does cj have no issue going down with the pack but doesn't move up with the same pack? I get it. All stocks are deep red today for now reason other than a wild fire randomly burning up north. I would be fine with the price action if we had gone up  10- 15 percent the last month like many other peers. We didn't budge upward. So now the down days move us even further down. You will be rid of me on here once we get back to 7 bucks. Don't worry. 
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