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.

TSX:MEG - Post by User

MEG Energy Corp

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Comment by shambano1on Feb 05, 2016 3:47pm

36 Views

Post# 24529951

RE:MEG in the RED again and 2015idiotman is silent as usual

I never heard of these guys, but I'll give it a read but haven\t had yet today.

hey at least it's an upgrade which is a good thing but I\ll read it first before passing judgement.

in any case you can't read anything into daily moves up and down as long as the general direction is up, which it has been recently.

I'm notm here to brag about making money or complain about losing money, we are gambling with energy stocks plain and simple.

but I' starting to nibble on the long side and keep my short position right now as well.

GLTA

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