Current CJ:CA Stock Info

It was in July 2017 that Apache Corp. (ticker: APA) announced it was selling its conventional light oil production to Cardinal Energy Ltd. (ticker: CJ). At that time, Cardinal estimated that the properties would add about 5,000 BOEPD of production, with oil and NGLs making up all production.

In Q4 2017, Cardinal’s average daily production was 20,948 BOEPD, and for 2017 overall, the company produced on average 18,707 BOEPD. This was a year-over-year increase of 28% – Cardinal’s 2016 production values were 11,042 BOEPD.

Cardinal reported a ...

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