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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 > She WORKS HARD For Her Money !!!???!!!
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Comment by filefishon Sep 12, 2021 6:00pm
205 Views
Post# 33846818

RE:RE:RE:RE: She WORKS HARD For Her Money !!!???!!!

RE:RE:RE:RE: She WORKS HARD For Her Money !!!???!!!Eigen, I am in complete agreement with your comment below. 

  IF MEG continues to REDEEM debt and INCREASE BOP, it is only a matter of time for the share price to CATCH UP with a REALISTIC MARKET VALUE  !!!

9 more months of this and MEG will be in a position to CONTROL it's DESTINY by either returning capital to shareholders {highly UNLIKELY as it is VULNERABLE to being TAKEN OVER by one of the larger players ???} or more likely launching a M&A target !!!

Where I disagree is on this:
 What I am SAYING is that $ 8.17 per share is a RELATIVELY HIGH HURDLE unless crude oil prices CONTINUE on their WTI USD 65+ per barrel STREAK !!!

Hopefully, oil will stay at $65+ and everyone will be happy 9 months from now
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