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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 VeritasVernon Nov 20, 2024 1:08pm
69 Views
Post# 36322089

RE:RE:RE:RE:War premium returns to market on Biden's Ukraine decision:

RE:RE:RE:RE:War premium returns to market on Biden's Ukraine decision:Recall the feared "Spring Offensive" that Ukraine was going to conduct earlier this year. That didn't materialize as Ukraine is mostly in defensive mode as they are losing their soldiers and the war.
The timing of Biden allowing them to use the US long-range missile, at this juncture was primarily to undermine the efforts of Trump to negotiate a settlement. Russia has responded by making changes to their nuclear doctrine, allowing their us if the assistance of Nato involvement such as the long range tactile missiles are allowed. Today we see Biden is allowing the use of anti-personnel land mines to slow the advancement of Russian troops. 
So the American's spent about $750 billion to support Ukraine up to now while the war continues and exactly how many more billions will be spent to help them rebuild once a settlement is in place? Ukraine, one of the most corrupt countries on the planet will forever be a welfare state, dependant on Western aid for decades. 
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