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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 guyf1963on Jan 12, 2016 5:01am
59 Views
Post# 24448907

RE:Morgan stanley predicts barrel at $20

RE:Morgan stanley predicts barrel at $20Yup, MEG is going down down. Barrel will be in the $20's in march and for the remainder of 2016. Poor meg investors on the bright side you will be able to buy between $4-$5 and average down ideaman your purchase above $20. Lol what a good pick. Wait until the new glomal warming targets come out in june. Dirty oil producers will finally be accountable for the extra energy required to produce their bitume

guyf1963 wrote: Will MEG be at $4??

https://www.bloomberg.com/news/articles/2016-01-11/morgan-stanley-sees-20-a-barrel-oil-on-u-s-dollar-appreciation


Bullboard Posts