MEG Energy Corp T.MEG

Alternate Symbol(s): MEGEF

Energy Oil & Gas Refining & Marketing

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

Bullboard Posts

Post by shambano1on Oct 19, 2015 7:49am

124 Views

Post# 24203942

I'm waiting for q3

Before deciding to buy more as u hve a small covered position. Q3 won't be pretty for too many energy companies but maybe q4 will be slightly better. Let's see how Meg does, if better than expected which I would consider a good sign for the future or if worse than expected which won't bode well. Good company but weak sector for foreseeable future. Glta

Bullboard Posts

Eminent acquires promising Nevada gold project