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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) > Tariff
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Comment by VeritasVernon Jan 16, 2025 12:52am
108 Views
Post# 36406416

RE:Tariff

RE:Tariff Oil was up more than $3 today and CJ ended the day down 2 cents? I'm not sure if it is tariff related but CJ did put out a good news release outlining the 2025 2025 budget with the advanced time lines for the SAGD and there was also a news release yesterday confirming the 0.06 cent div for Jan, both being positive. WCS is priced at $64.22 but is delayed 22 hrs... Not sure why it needs to be delayed by 22 hrs but the current WTI/WCS spread is about $16. 
In the budget highlight they are using $70 WTI with an exchange of $1.40
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