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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

TSX:CJ - Post Discussion

Cardinal Energy Ltd (Alberta) > WOW
View:
Post by CLOUDER on Mar 18, 2021 10:37am

WOW

OIL is getting CRUSHED  down $2.40 wti   and CJ is still over $2 wow.
Comment by Backinblack1000 on Mar 18, 2021 11:08am
This post has been removed in accordance with Community Policy
Comment by kavern23 on Mar 18, 2021 12:06pm
Considering the carnage on the oil price....very happy how the day is going so far... Was hoping to get some under 2.10 but never fell to that range.  Added abit under 2.15. Saving some archers though. USA shale is still supposed to drop overal 46,000 barrels in April.  Permain is gaining 11,000 but rest of the shale basins are droppin like rocks I suspect Canada's convential ...more  
Comment by CLOUDER on Mar 18, 2021 12:13pm
A bright spot,there are a lot of states sueing BIDEN for the keystone, and SENATOR JOE MANCHIN  (D)    is leading the way,  SO  who knows.
Comment by kavern23 on Mar 18, 2021 12:18pm
And it hasnt\'t even been a full year of lower USA drilling rigs. USA drilling rigs were going flat out until like MArch 27th of 2020. The big fall off happened afterwards. Lots of the shale wells tied in during 2019 and early 2020 will really start to show declines by June of this year. A time lag.  The under spending in 2020 doesnt show up instantly in production drop offs. Q2 and ...more  
Cardinal Energy Ltd (Alberta)
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