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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 15, 2016 10:26pm
47 Views
Post# 24560569

Meg assets are not worth what sideman and shamb

Meg assets are not worth what sideman and shambThinks. Meg is piling the debt day after day. The thruth will soon be revealed and meg will take a plunge. Newbies stay away from this dog. Imagine, what sideman hopes is that they sell their pipeline and then their jv partner would charge them. Same as selling your house so that the new owner rents you your old house. Meg is hurting. The moment (in a year or two) that oil goes up, you will see the rigs out in the shale plAy, increase in production and then the barrel goes down. What don't you get. A dog remain a dog. Wouf! Wouf!!
Bullboard Posts