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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
Post by shambano1on Sep 09, 2016 3:02pm
39 Views
Post# 25223230

can MEG close above 6 today???

can MEG close above 6 today???I would consider this very bullish  if they can muster enough buys to get over 6 for the close today.

it took a while to get over 6 so a close above 6 is bullish and means that buyers are coming in.

just like wall street, bash oil but buy oil stocks, just love how the street works.

oh well just guessing here but for me, 6 is a very important price point.

glta and good weekend everyone

Bullboard Posts