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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Post by guyf1963on Feb 09, 2016 4:01pm

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Post# 24541179

shamban being given a reality check on this dog

to the sideman since November, at that time MEG was north of $11.50 and said it would go under $9.99. All indicators were pointing that way, it was in the cards for that perfect storm. Don't really care if MEG go bankcrupt or bought out or shorts loose money. It was just my opinion on this dog that was overvalued IMO given the price of oil, the fact that they are not conventiaonl oil producers and getting taxed as a tar sand producer

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