MEG Energy Corp T.MEG

Alternate Symbol(s): MEGEF

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.

TSX:MEG - Post by User

MEG Energy Corp

Bullboard Posts

Comment by shambano1on Oct 24, 2016 11:26am

108 Views

Post# 25378146

RE:RE:q3 on october 27th

if they drilled more wells in q3 and exitied with 85-86 KBPD then that will be a good sign of increased produciton in 2017 and lower costs and increased CF as well.

sure debt will still dominate the conversation here, but with rising production and lower costs at least we might be able to break the 6 shackles.

TOU just did a major deal with shell, maybe JV's and deals will start to accelerate now with more stable oil prices predicted in 2017-2018.

again I'm hoping for increased produciton setting tyhe tone at MEG with q3 report.

glta

Bullboard Posts

A junior copper-gold stock trading at a bargain of monumental proportions