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) > Sick market

<< Previous

Bullboard Posts

Next >>

Comment by Quintessential1on Aug 07, 2024 7:38pm

203 Views

Post# 36168593

RE:Sick market

Well the only worse than owning SGY right now would be owning SGY and not getting a dividend tax credit or a capital gain or loss when you sold. But you do you. It seems to be working for you.

GLTA

Playacar wrote: Can anybody explain to me why we have such a sick Canadian oil/gas market. Both Cardinal and surge announced excellent financial results today oil is up over 2dollars yet Cardinal is down . It's most disappointing to continue seeing my portfolio go down. Perhaps it's time to switch all my investments into usa oil stocks.

<< Previous

Bullboard Posts

Next >>

Unique Battery Metals opportunity in Quebec