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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 > Anyone know why the selloff?
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Comment by vwbusmanon Mar 01, 2023 7:47am
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Post# 35311784

RE:Anyone know why the selloff?

RE:Anyone know why the selloff?Oversold based on slightly negative Q4.  Big thing is Q4 was marred by WTI to WCS gap - this has now tightened considerably so things are looking solid for MEG - hoping they hit their next debt target in late Q3 or early Q4
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