Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 VeritasVernon Jul 26, 2024 4:20pm
141 Views
Post# 36150532

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:API Inventory:

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:API Inventory:Sure Quinte, let us recall two things Trump did while in office that disproves the simple thought about the big boogie man in Russia and any influence you think he has on anyone.
Firstly if you recall Trump was able to halt the certification of the NordStreem 2 pipeline (oddly Biden when elected allowed it but later bombed it).
Secondly, Trump while President, spoke at a NATO meeting and said the EU was too dependent on Russian Energy which posed security risks... If I also recall NATO members, including Germany laughed at that statement. Odd that you would imply Trump is cozy with Putin if he did both above which would be contrary to cheap oil policy or curently the idea of unsantioned oil. OPEC is more than ready to supply the market if prices appreciate.   
As for NATO I think the goal was to - get them to pay their share to protect continental EU by committing 2% of GDP to military spending. News today seems to suggest that effort was successful, eh.
Russia cannot afford a expanded regional war as stated before and even if they could the notion that Trump would sit back and watch them take over country after country is - laughable.  
I think you are giving too much credit to Trump and over estimating his drill baby drill comments. I don't see the logic why US producers would flood the market especially when oil is at $60 or less. Isn't US production peaking at current levels and perhaps they can squeeze what an additional .250-.500 mb/b if prices warrant that. 

<< Previous
Bullboard Posts
Next >>