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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 VeritasVernon Sep 09, 2024 11:41am
89 Views
Post# 36214835

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:cj is falling below $6,50

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:cj is falling below $6,50Fantastic that you can do a copy paste what anecdotal means. I'm sure you are really impressed with yourself. 
Ah so I say the oil markets are irrational, point out facts like record low inventories, good GDP growth in China and the US and how the price decline is overdone. In fact Nuttal has the same opinion so you must think the same of him, just saying random anecdotal things....
You, instead, like a parrot, just echo the irrational stories about demand destruction while ignoring the stats, facts.  Try peeking your head out from underneath that rock once in a while it may help your ailment.


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