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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 Funinthesun1on Jul 11, 2017 1:19pm
74 Views
Post# 26456269

RE:RE:A huge rally is due

RE:RE:A huge rally is dueI second you. I've seen it on Canadabulls as well but what stopped me for getting in is the overall "buys" have been wrong on this one...for some reason, people keep dumping this share. A buy back in would have to be around 4.00 with overall oil markets turning around. With many oil wells opening up, the glut may be around for a long time...
CEOinvestor wrote: I agree but until oil overall gets a run, we may not see this dog run. We have a buy on Canadabulls but they have been wrong the last 3 times in respect to "buys" with this share. Something is making it go down...
starman1975 wrote: Shorts should cover anytime now. 




Bullboard Posts