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 > Suncor and Cenovus both

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Comment by Fuzman5902on May 18, 2022 3:48pm

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Post# 34693444

RE:RE:RE:RE:Suncor and Cenovus both

cashtango00 wrote: Not all shares run up at the same time, and oil stocks aren't always perfectly correlated with the price of oil. MEG got ahead of itself and is consolidating. These are concepts you don't seem to get because you keep saying the same thing over and over . The stock has been on a tear the last 18 months, it doesn't care when you bought it. Stop looking at it 5x a day, it will significantly higher in 6 months.

This is all about CNOOC until they have liquidated their position this equity is dead in the water..

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