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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 Olympicon Oct 24, 2018 4:21pm
133 Views
Post# 28866803

RE:If wcs goes to 5 bucks meg should trade at 3 bucks

RE:If wcs goes to 5 bucks meg should trade at 3 bucksWhy are analysists anticipating the hedging results as negative for Q3 2019?  The WCS discount is historical  and enough of a challenge to procuders, has MEGs mgmt seriously fumbled the heging arrangement?  Nov 1st results will not be pretty ... and Q4 will be disasterous if market trends continue.

MEG shareholders should be estatic with the $11 offer, many HSE shareholders are of a different opinion.
Bullboard Posts