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.

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MEG Energy Corp > Rigged Game

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Post by Franman184on Nov 21, 2022 10:27am

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Post# 35115181

Rigged Game

Eric's model doesnt allow for the rigged market which most of us hoped would be over with the oil companies not drilling for more just because the price of a barrell is over $70. Looks like it going to take some more pain before we get there. USA just gave a wink to MBS when they implied last week that he should have imunity from law suits around the murder of Khashoggi. Surprise OPEC Plus talking about increasing supply. LOL

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