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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)
> Rigs down again in the USA
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•••
divime1
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Post by
divime1
on May 26, 2023 1:16pm
Rigs down again in the USA
Area
Last Count
Count
Change from Prior Count
Date of Prior Count
Change from Last Year
Date of Last Year's Count
U.S.
26 May
2023
711
-9
19 May
2023
-16
27 May
2022
Canada
26 May
2023
87
+2
19 May
2023
-16
27 May
2022
(325)
•••
VeritasVern
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Comment by
VeritasVern
on May 26, 2023 3:56pm
US shale production is set for a rapid decline
(325)
•••
VeritasVern
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Comment by
VeritasVern
on May 26, 2023 3:57pm
https://oilprice.com/Energy/Crude-Oil/US-Shale-Production-Is-Set-For-A-Rapid-Decline.html
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