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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
Comment by guyf1963on Feb 16, 2016 8:46am
33 Views
Post# 24561200

RE:meg you held up well with oil at $35 so at $70 you will be

RE:meg you held up well with oil at $35 so at $70 you will be
2015ideaman wrote: at $20...your increased daily volume with high profit margin will put your sp at $20 or higher...meg you have a lot of interesting potential that will be highly profitable once oil prices return...see you meg at double your sp of today.

cheers...from 2015ideaman


Financials of meg shows that meg is piling on the debt with barrel at $35, sideman clueless and living in his fantasy world. Imagine the debt this quarter with barrel under $30.  In excess of $5B, looking forward to know what assets are wirth with barrel under $30. Worth d1ck all
Bullboard Posts