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MEG Energy Corp T.MEG

Alternate Symbol(s):  MEGEF

Energy Oil & Gas E&P
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
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Comment by PrairieOilon Feb 02, 2016 10:00am
43 Views
Post# 24515742

RE:meg will do ok today - just watch

RE:meg will do ok today - just watch
Not a chance, oil is losing $'s everyday and there will be no OPEC meeting until June. With 4th quarter results out Thursday (-700M) we are going to see high $3 this week. That's when I'll buy and hope for asset sale or take over from IMO.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities