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

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Post by Cobalton Sep 27, 2023 11:02am

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Post# 35656870

Cushing, Oklahoma, had slipped to below 22 million barrels

"Cushing, Oklahoma, had slipped to below 22 million barrels, which is on the brink of the minimum operating level for the hub. The news about Cushing also had a bullish effect on prices because of draws continue, it would reach a point, from which it would be useless to pump out crude due to compromised quality."

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A junior copper-gold stock trading at a bargain of monumental proportions