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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
Post by guyf1963on Feb 02, 2016 7:11pm
39 Views
Post# 24518320

2015idiotman has again lost some brain cells

2015idiotman has again lost some brain cellsSo stupid, is living in his fantasy world with oil above $60, you are a joke, just wait for iran to start selling. Idiotman picks a oil producer with $5 billion in debt, high cost producer that is getting ding by the alberta government with the carbon tax as it considered a dirty oil producer with its extraction cost. Wait until the summer, the golden boy in ottawa will come up with more stringent climate change targets, and eventuall the alberta gov will raise its carbon tax. Oil to stay under $35 until year end. Meg will continue to pile on that $5billion debt
Bullboard Posts