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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.


TSX:CJ - Post by User

Cardinal Energy Ltd (Alberta) > BE READY FOR A FALLING KNIFE TOMORROW !!!
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Comment by Pandoraon Oct 14, 2024 11:28pm
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Post# 36265781

RE:RE:RE:RE:BE READY FOR A FALLING KNIFE TOMORROW !!!

RE:RE:RE:RE:BE READY FOR A FALLING KNIFE TOMORROW !!!
Pandora wrote:
Coopsvw92 wrote: Have another look.... $71.51

at least the discount has narrowed!!


https://markets.businessinsider.com/commodities/oil-price?type=wti




Oil fell for a third session after a report that Israel may avoid targeting Iran’s crude infrastructure eased concerns over a major supply disruption.

Brent futures dropped almost 3% to near $75 after losing 2% on Monday, while West Texas Intermediate slid to below $72 a barrel. Israeli Prime Minister Benjamin Netanyahu told the Biden administration he is willing to strike military rather than oil or nuclear facilities in Iran, the Washington Post reported, citing two officials familiar with the matter.


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