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) > Ok folks

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Comment by Quintessential1on Jul 15, 2024 4:25pm

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Post# 36133599

RE:RE:RE:Ok folks

Inventory draws lower inflation and rate cut talk signaling increased demand with an ex-div and ER runup on the way. It's just a matter of time.

GLTA

lnggasfor202324 wrote: Covered $7.00 calls would he would get the money for the call but if Cj goes over $7.00 the person he sold his covered calls would get his shares. If CJ stays under $7.00 he would get the money from the call and the dividend. So GO CJ CO.

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