Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum MEG Energy Corp MEGEF


Primary Symbol: T.MEG

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... see more

TSX:MEG - Post Discussion

MEG Energy Corp > YES, MEG APPROVES 3 YEAR $ 300 Million BOP + To 125K Bbls/d
View:
Post by ztransforms173 on Nov 27, 2023 9:56pm

YES, MEG APPROVES 3 YEAR $ 300 Million BOP + To 125K Bbls/d

- $ 100 million GROWTH CAPEX PER YEAR for 3 YEARS to INCREASE BOP by 15,000 bbls/d from the present MAX BOP of 110,000 bbls/d to 125,000 bbls/d in 2026-2027



MEG's total 2024 capital program is $550 million, with $100 million allocated towards multi-year capacity growth and $450 million to sustaining activities. The growth investment commences a project with an estimated total cost of $300 million which is forecast to deliver incremental production towards the end of 2026.

https://www.stockwatch.com/News/Item/Z-C!MEG-3484890/C/MEG

z173
Comment by ztransforms173 on Nov 27, 2023 10:05pm
forgot this: Capacity growth from MEG's long-life reserve base generates shareholder value. During 2024, we will commence investment in a new project to add 15,000 bbls/d of new productive capacity to our existing facility, with an estimated total cost of $300 million over the next three years. *** z173
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities