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

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Post by energconsultanton Jun 26, 2017 5:36pm

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Post# 26407151

book value? LOL

has little to do with actual value...LOL that is for dummies to belive...LOL

Book value uses the cost to acquire assets... so MEG spends $5 BIllion to acquire a land package and facilities... but if they try to sell those assets they sure as hell do not get that...LOL n ot if those assets are not performing... or producing only a small percentage of what they hoped.... you are the first and only dummie I have seen use book value on an oil company...LOL what a laugh...LOL

hell they over paid for their assets... so book value is high... like a company spends say a hundred mill on some oil assets... they prove to be poor assets... so book value is the cost.. but the assets are worth much less when proven to under prerform...

only a newbie, an uneducated investor in the oil bizz would use book value...LOL that is a joke..LOL

Bullboard Posts

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