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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 Quintessential1on Sep 26, 2024 3:26pm
83 Views
Post# 36242848

RE:Saudi Arabia to drop $100 crude target to win back market

RE:Saudi Arabia to drop $100 crude target to win back market Apparently this is fake news drummed up by the all powerful powers that be that control oil prices, the global media, an uncharacteristically silent OPEC + and anything else that might garner votes for them in the upcoming US election.  The other party in the election has no control over anything whatsoever including a US oil industry that supposedly hates the powers that be but are powerless in the face of the all powerful powers that be who's leader is also supposedly AWOL.  No one anywhere knows how they are doing it and everbody is powerless to report how they are doing it but based on unsubstantiated sources, rest assured, they are doing it.

All CJ has to do is ride it out until after the US election when it will all magically fall back into place.

Collect divs until then.

GLTA

  
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