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) > Limited damage according to Iran?

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Comment by Quintessential1on Oct 29, 2024 10:26am

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Post# 36286672

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Limited damage according to Iran?

Investors did figure it out and the stock is selling off or are you too far into your hole to notice?

Maybe you think $6.60 per share is more than $7.60 per share(52 week high)

You certainly appear to be the "sole" chum beating this drum. I suppose dems control the Wall Street Journal and Reuters I didn't read it there...or anywhere else... just here.

I wonder why CJ increased the credit facility...to not use it?

The dividend is fine though. Lots of credit left and SAGD derisking more every day.

:Looking forward to the ER saying so.

GLTA

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