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Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF | T.CJ.WT | T.CJ.DB

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)
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Post by scienceguy36on Jan 03, 2025 1:26pm
220 Views
Post# 36386454

Betting game

Betting gameLooking at numbers helps with the fear of missing out as WTI and CJ climb higher.

Current price                $6.73  and WTI @74.22
January 2024 price     $6.49  and WTI @74.15

52 week high $7.38 April  2024 and WTI @85.35

Last time CJ was at $6.73 was November 2024 and WTI @$69.95 (This gives me FOMO)

I still hope to jump back in before January 31st at $6.50 or less. Betting WTI will go down temporarily
after Trump inauguration.
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Dealroom for high-potential pre-IPO opportunities