MEG Energy Corp MEGEF

Looks like

[Moemoney42]

MEG is holding its own today with crude whipping around as usual.. I'd love to see that WCS discount narrow by another $10 bucks though.. and with Transmountain nearing filling by the end of this year it appears traders are moving ahead of the effect that will have on WCS... IMO.. ;-)

Quote: "The Financial Post reports in its Tuesday, Jan. 24, edition that MEG Energy, an oil shipper on Canada's Trans Mountain Expansion project, said on Monday the pipeline is expected to start filling with oil in late 2023 and be fully operational early next year."

[Moemoney42]

I've done a bit of research and can't find any data on how many barrels of crude it takes to fill the T.M. Expansion.. anyone here have those numbers..? Thanks in advance.

[Oldnagger]

My best guess would be 9 days supply based on the distance . So 590 x 9 = 5310 kbbls While I am here , you guys should have a look at IPCO . Nuttall keeps saying that MEG can buy itself out. I am convinced that IPCO will buy itself out. They are already well on the way and if not well, they have a huge volume of contingent Heavy Crude Resources that can be had for a song . BTW the contingent

[Moemoney42]

"My best guess would be 9 days supply based on the distance . So 590 x 9 = 5310 kbbls" Thanks for taking a shot at the calculations OldN.. appreciate the effort.. cheers!