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 Quintessential1on Sep 19, 2024 4:21pm

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Post# 36231820

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

LOL. I know that you are almost certainly also a bet whelcher.

I haven't see this much tap dancing since Shirly Temple was still alive.

Comment by VeritasVern on Sep 19, 2024 11:32am

The 1/2 rate cut was yesterday, already factored into the market and the price of oil at the end of day declined. If the int cut was to be so pivital to rising prices, then we would have seen a 2% rise in prices by end of day yesterday and likely up significantly today too. But I see oil is only up only $0.78 cents right now which when added to the decline yesterday is essentially flat... LOL