Bullboard - Stock Discussion Forum Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s): CRLFF

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... see more

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TSX:CJ - Post Discussion

Cardinal Energy Ltd (Alberta) > Impact of XL cancellation

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Post by JohnBP1 on Jan 18, 2021 6:39pm

Impact of XL cancellation

Just looking for your views. I believe this is bad news for all Alberta oil producers until the Trans Mountain is finished (if ever)....

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Comment by traderlong2 on Jan 18, 2021 7:14pm

RBC Capital Markets analysts said investors would watch closely to see whether TC Energy abandons the project altogether or reapplies for permits. KXL was first proposed 12 years ago, when it appeared that oil sands would rapidly outgrow export pipeline capacity. Two other export pipeline projects, the Canadian government-owned Trans Mountain Expansion and Enbridge Inc Line 3 replacement, are ...more

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