MEG Energy Corp MEGEF

Primary Symbol: T.MEG

Energy Oil & Gas E&P

MEG Energy Corp. is a Canada-based energy company focused on sustainable in-situ thermal oil production in the southern Athabasca region of Alberta, Canada. The Company is engaged in the development of enhanced oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the responsible economic recovery of oil, as well as lower carbon emissions. It transports and sells thermal oil (AWB) to customers throughout North America and internationally. The Company owns a 100% interest in over 410 square miles of mineral leases in the southern Athabasca oil region of Alberta, Canada and is primarily engaged in sustainable in situ thermal oil production at its Christina Lake Project. Christina Lake Project is a multi-phased project, located 150 kilometers south of Fort McMurray in northeast Alberta. It comprised of approximately 200 square kilometers of leases.

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MEG Energy Corp > Rigged Game

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Comment by Sudirman2on Nov 30, 2022 1:07pm

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Post# 35140260

RE:RE:Rigged Game

Agreed. My other issue with MEG , or any heavy oil producer, is the WCS Diff in the 12 month strip.
Currently sitting at -25.70$usd/bbl for Cal 23. Cash at -33.50. Dont hate MEG , or Nuttal for that matter, but think there are better places to park money for the next 12 months.

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