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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...
. 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.
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TSX:CJ - Post Discussion
Cardinal Energy Ltd (Alberta)
> Last call...
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•••
red2000
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Post by
red2000
on May 11, 2022 9:08pm
Last call...
tomorrow to buy some, just before Q1 results !
Please do your DD, it's your money !!!
(339)
•••
red2000
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Comment by
red2000
on May 12, 2022 5:56pm
Well well well !!! For my point of view, it's very good results ! https://finance.yahoo.com/news/cardinal-energy-ltd-announces-first-210000478.html Best quarter ever is coming in Q2 !!! Less CAPEX in Q2, CAPEX for the rest of the year only 45 M$ ! See Corporate presentation here : https://cardinalenergy.ca/wp-content/uploads/2022/05/May-Corporate-Presentation-Final-to-Website.pdf WTI
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