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Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF

Cardinal Energy Ltd. is an oil and gas company with operations focused on low decline oil in Western Canada. It is engaged in the acquisition, exploration and production of petroleum 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. It has over 730 million original oils in place (OOIP) and its low decline production of approximately 3,200 barrels of oil equivalent per day (boe/d) is supported by both water and carbon dioxide (CO2) enhanced oil recovery (EOR). 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 original oil in place (OOIP) pools. Its North area includes Grande Prairie, Clearwater, House Mountain, Mica, and Mitsue properties.


TSX:CJ - Post by User

Post by Moremoney4uon Aug 14, 2022 7:22am
371 Views
Post# 34894839

14.00 BE PATIENT

14.00 BE PATIENTYES, it has to many irons in the FIRE to be going back down . The dividends are very lucrative, the EPS, FCF, Debt reduction plan , etc, are going in the right direction. ERIC, has sold, he feels there are MORE LUCRATIVE  prospects out there. OK. 14.00 $$ is not good enough. OK. Pay me 7.5% and have stock appreciation, OK.  Good for me. This stock is firing on all cylinders, ERIC didnt say anything bad about company. This still has HUGE POTENTIAL. How greedy are you.LOAD UP THE TRUCK. 
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