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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) > Boys not looking good
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Comment by cooper90on Nov 04, 2024 6:51pm
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Post# 36296212

RE:Boys not looking good

RE:Boys not looking goodI will clip my safe 11% divi monthly all day long, 
what do you mean no growth, Sag comes on stream in less than 11 months 
Made so much money on CJ low decline wells placing most of the money on DIV payouts, long term low cost growth and low debt ratio 
Just a great holding and it just keeps payIng month after month after month love it!!! 
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