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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)
> Another BS day in the Canadian energy space
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•••
TheWokeLemming
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Post by
TheWokeLemming
on Jun 29, 2022 3:38pm
Another BS day in the Canadian energy space
It's enough to make one want to get out entirely.
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•••
cre8value4me
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Comment by
cre8value4me
on Jun 29, 2022 3:49pm
I find June is most often this way. I didn't really expect such a downdraft in the energy sector though considering the strong commodity prices going into this summer, just goes to show that it doesn't matter nothing is spared and then there is the midterms the war not war the recession not recession just a whole lot of bullsheet out there. Nothing but negative sentiment at every turn. Yea
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cre8value4me
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Comment by
cre8value4me
on Jun 29, 2022 3:51pm
I also find the volatility is just fkn cra cra!! GLTA
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