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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) > Eric Nuttall Says Lower Demand Fears Driving Lower Oil Price
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Comment by Pandoraon Sep 13, 2024 5:57pm
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Post# 36223208

RE:Eric Nuttall Says Lower Demand Fears Driving Lower Oil Price

RE:Eric Nuttall Says Lower Demand Fears Driving Lower Oil Price
Quintessential1 wrote: Watch EN give concise explanations of why oil prices are languishing sans political bogeymen.

https://www.bnnbloomberg.ca/video/shows/market-call/2024/09/13/eric-nuttalls-market-outlook-energy-stocks/

Ever the perma-bull, EN believes oil should be trading in the $80 WTI range but never blames the Biden administration and in fact,  never brings up US politics or political bias to try to rationalize oil pricing ever.

HUH..LOL

GLTA


I believe Eric Nuttall also said the CJ dividend is not safe and he would not be an owner of CJ.

That's from memory - so I stand to be corrected on that.


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