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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 in-situ thermal oil production in the southern Athabasca oil 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 economic recovery of oil. 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
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Comment by oppy69on Nov 28, 2014 2:25pm
264 Views
Post# 23174899

RE:RE:RE:Bottom?

RE:RE:RE:Bottom?wow, what a shakedown? I'm glad I got out (just yesterday) at $4 higher than current SP. Should have reversed position and shorted. Wonder if they'll survive this extended slowdown, nobody will be buying oilsands companies for at least 6 months.
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Dealroom for high-potential pre-IPO opportunities