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.

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MEG Energy Corp

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Comment by shambano1on Oct 22, 2015 8:55am

181 Views

Post# 24215334

RE:RE:action after q3 report

the SU-COS is a done deal at 12-13 range or .33 of a share of SU.

SU will sweeten it and it will be supported by the board.

as for MEG, I don't really know, they have prime acreage with regulatory approval for large expansions in the future, they have a dedicated pipeline and storage facilities etc, and they are well run.

I can't even ahrzzard a guess what they are worth to someone else but I'm interested for sure.

GLTA

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