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Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF

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

Comment by NonCredibleSrcon Nov 11, 2024 11:45am
116 Views
Post# 36306666

RE:Why all the selling?

RE:Why all the selling?LOL - Hit the board before I had signed in and saw a reply to this post from an account I have ignored. Now that I am signed in I cannot see it (choice), but I wonder - where was that user post back in early Sept when WTI hit &65, roughly 5% lower than it is today AND with the CAN$ about 4% higher than today??? Makes me remember why I ignored the account in the first place - fear-mongering and lack of info.
Course, that's just my malformed opinion.
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