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 20, 2024 10:01am

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Post# 36232905

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

What made you think the market was closed??You didn't correct it until I questioned it but good try in deflecting once again. I was watching it decline in real time the day of and "oil declined on the day of the rate cut", showing it was already factored in. So demand is now back into market sentiment, and prices are under pressure, but you "hung your hat" on the "already factored in 1/2 point rate cut" that will lift oil again, lol. That is what is called a "bagholder" around here. If you don't understand markets "best not to speak" ;-)

GLTA

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