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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) > I love these oil prices
View:
Post by lnggasfor202324 on Apr 05, 2024 1:33pm

I love these oil prices

If oil stays here folr a hyear Cj would generate about $79 million of free cashflow.  Wti works out to $118.85 Cdn while WCS works out to $101.11 Cdn based on yesterdays price which should be higher today.  Sit back and enjoy the ride up.
Comment by egee on Apr 05, 2024 8:19pm
Helps with sagd development overruns and such
Comment by lnggasfor202324 on Apr 05, 2024 8:31pm
Hopefully we won't have to worry about that. Some of it is locked in for the construction.
Cardinal Energy Ltd (Alberta)
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