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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)
> Israel hints at attack on Iran's oil & gas infrastructures:
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•••
spurwing2
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Post by
spurwing2
on Oct 02, 2024 8:40pm
Israel hints at attack on Iran's oil & gas infrastructures:
https://oilprice.com/Latest-Energy-News/World-News/Oil-Rises-Israel-Hints-At-Attack-on-Irans-Oil-Gas-Infrastructure.html
(854)
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Quintessential1
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Comment by
Quintessential1
on Oct 03, 2024 8:45am
I wouldn't be surprised to see them take out the nuclear facilities. It is what they have been after all along. The Israelis aren't dumb and I doubt they would telegraph a punch. US playing into it saying they can't but it is what they want the most too. Plenty of time to hit oil if Iran retaliates after that. Even if they don't. I think tit for tat
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VeritasVern
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Comment by
VeritasVern
on Oct 03, 2024 11:44am
They are most probably taking out the Nuke facilities as they pose a direct lethal threat to Israel and world stability without directly affecting oil supplies. Although the escallation in general will affect prices. Taking out Iranian oil facilities will hurt them more financially but it also poses a financial cost to the world which is not the intention of a retaliation. But they may do either
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