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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) > New Press Release - Cardinal Energy Ltd. Announces Third Quarter 2024 Operating and Financial Results
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Comment by JohnBP1on Nov 08, 2024 11:19am
184 Views
Post# 36303272

RE:RE:RE:New Press Release - Cardinal Energy Ltd. Announces Third Quarter 2024 Operating and Financial Results

RE:RE:RE:New Press Release - Cardinal Energy Ltd. Announces Third Quarter 2024 Operating and Financial ResultsVV I agree, good then not so good. Some good members on here have their head in the sand. Oil is under pressure, the divi is under pressure the world is about to be in chaos. It's a simple case of there are more stable stocks with a 5 or 6 percent divi that are not so volatile. I am trading with an eye on the end of the month. This future increase in production is a long way off, a lot could change in a year. 
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