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Bullboard - Stock Discussion Forum Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF | T.CJ.WT | T.CJ.DB

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) > CVE IS BUYING UP LLOYDMINSTER ASSETS
View:
Post by Quintessential1 on Dec 08, 2024 1:44pm

CVE IS BUYING UP LLOYDMINSTER ASSETS

Or that is the rumour over on the GXE board.

GXE's are a drop in the bucket compared to CJ so CJ is not too small to get noticed by a major.

What are the chances that someone picks up CJ's SAGD assets and spins the rest back out similarly?

GLTA
Comment by JohnBP1 on Dec 08, 2024 5:06pm
Not until SAGD proves its self....
Comment by Quintessential1 on Dec 08, 2024 6:27pm
OK,  but it's going to be a lot more expensive then and there are plenty of producers who have already done SAGD and do not need it to prove itself.  Why would they even sell it then? GLTA
Comment by Gabriel73 on Dec 08, 2024 7:28pm
60%, LES INITIS ONT  ACHETER  BEAUCOUP  DERNIEREMENT
Comment by Pandora on Dec 09, 2024 11:56am
Translation?: INSIDERS HAVE BEEN BUYING A LOT LATELY