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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 Lostinmarket123on Jan 29, 2016 9:36am
51 Views
Post# 24505007

RE:RE:Something Brewing Here

RE:RE:Something Brewing Here
I agree Meg is a fishy stock ... Major holders are exiting ... they are trying desperately to sell at best price ... I think earnings will have a real surprise to the downside or upside ... somehow the way this stock is sold off I feel it will be downside ..probably by 80%
Bullboard Posts