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MEG Energy Corp T.MEG

Alternate Symbol(s):  MEGEF

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.


TSX:MEG - Post by User

Bullboard Posts
Comment by Gashole1on Aug 21, 2016 9:06am
139 Views
Post# 25161954

RE:more shorts more squeeze

RE:more shorts more squeeze
shambano1 wrote: all the better because more shorts mean more squeeze and more gains as oil price goes higher but more importantly as MEG makes deals.

beware shorts MEG is talking to potential buyers of assets and or future oil produciton.

MEG is low cost and low capex in 2017-2018

The shorts are big money, not likely people that trade based on what they read on a stockhouse bullboard. 
Bullboard Posts