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 > Nice run, then back in the reds!

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Comment by alwaysmovingon Jan 18, 2023 5:40pm

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Post# 35231829

RE:Nice run, then back in the reds!

We've had a nice run up and we're always going to get reset days in between the climbs. Hang tight, its worth the patience as the market comes to terms with what all this free cash flow is worth. As a long term holder, I think any sub $20 price is very cheap, use these days to continue to build positions.

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