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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

Post by VeritasVernon Nov 26, 2024 1:17pm
49 Views
Post# 36331608

US oil production hits new high in Aug at 13.4 m/bpd

US oil production hits new high in Aug at 13.4 m/bpdAnd will set a new record, forecast to average 13.2 M/bpd compared to 12.9 m/bpd in 2023. I am quite certain Nuttall said that production was flat in 20204, but looking at EIA data that is incorrect. 
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