Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 VeritasVernon Oct 08, 2024 1:42pm
79 Views
Post# 36258137

RE:RE:RE:RE:I would have thought that Israel Would Have Retaliated

RE:RE:RE:RE:I would have thought that Israel Would Have RetaliatedIt's difficult to know what the actual wishes are of the current US administration. Privately they may want to have the Iranian nuke facilities taken out as I read they may have enough enriched uranium to arm 3 warheads. Israel gets almost all of their military aid from the US so there may be conditions attached.

There are 28 days before the the election, the Dems probably don't want to risk further escalation but more importantly higher oil prices as that may have a negative impact.  And coincidentally the shorters use that to drive oil down 5% based on what is described as an apparent "fading war premium". How absurd is that given we know the war situation is not fading but clearly escalating and has been since Iran first sent missiles to Israel in April. Some would call the irrational direction of oil, based on the inverse relationship to fundamentals bordering on deliberate election interference. And those that are paying the price are oil companies and their investors. 
<< Previous
Bullboard Posts
Next >>