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 silverbabyon Nov 04, 2024 7:20pm

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Post# 36296247

RE:Boys not looking good

JohnBP1 wrote: Long range does not look good. Trading range small. Negative growth. Two things that may make a small jump in CJ, war escalation, Trump. I can't see CJ returning to $7 in a long time. The divi may have to be managed down. Reality. GL

Negative growth???? Maybe you should actually do some homework on this company, there is growth over the coming couple years!!!!

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