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.

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Cardinal Energy Ltd (Alberta) > Dividend

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Comment by VeritasVernon Sep 19, 2024 3:06pm

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Post# 36231621

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Dividend

You seem so desperate! So you are saying the 1/2 rate cut wasn't already factored into oil prices??? That is also saying that traders would drive record short positions in oil when they knew, like everyone, that their was a very high probability that the Fed was cutting 1/2 point and essentially 100% chance of a 1/4 point cut but allow themselve to be exposed??? They are that stupid are they?

Just shows how little you understand.

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