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

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Post by ztransforms173on Nov 08, 2023 2:06pm

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Post# 35724211

CC: MEG Must INVEST 160,000 AWB Barrels In TMX LINEFILL

- MEG Energy MUST PROVIDE 160,000 barrels of ACCESS WESTERN BLEND (AWB) barrels to TMX Pipelines in Q1/2024 BEFORE they are CAPABLE of TRANSPORTING their CONTRACTED 20,000 bbls/d blended bitumen PIPELINE CAPACITY on the TMX pipeline

- TMX pipeline is 'PROJECTED' to START OPERATING in LATE Q1/2024

- @ 11/7/2023 WCS closing prices, that is ~ USD 8 million held as a LINEFILL ASSET on the books for the next 15 to 20 YEARS

- this is ~ 36+ HOURS OF BOP being produced right now {BOP @ 105,000 bbls/d}

z173

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