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MEG Energy Corp T.MEG

Alternate Symbol(s):  MEGEF

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

Bullboard Posts
Comment by Americangreedon Feb 06, 2015 5:37am
191 Views
Post# 23402748

RE:Crazy crazy

RE:Crazy crazyCOS has 50 years of reserve  so they just have to keep up on there maintainace as they have a steady cash flow 
When oil rises back which it will because when oil is taken out of the ground it is gone forever which inturn will rise oil to higher leavels in the future

Meg is doing great and there cost to produce a barrel which is great to see 
Meg is on the move up now 
I will be buying more today
Bullboard Posts