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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 DivChaseon Oct 04, 2024 8:59am
123 Views
Post# 36252948

RE:RE:RE:RE:RE:RE:RE:RE:RE:Does anyone

RE:RE:RE:RE:RE:RE:RE:RE:RE:Does anyone Good morning !  Apologies for calling you a Karen.  Your correct to call me out.  My timing in taking this small position in CJ was just very very bad.  I'm sitting on a lot of cash and missing a big rally in WTI.   War premium will end eventually  but calling CJ A POS for short term weakness was unwarranted.   I didn't have to go there.   Its performance over the last years is excellent and tracks well with others and WTI.  Apologies to others on this board for exposing you to this.  
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