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.

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MEG Energy Corp

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Comment by shambano1on Mar 03, 2016 10:54am

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Post# 24617238

RE:RE:offer being prepared to tomorrow???

I think the rise in CND energy names todayn is all to do with Aubrey's death.

puts a big question mark around shale development and all the crooked dealings associated with it's growth.

this makes CND conservative oil and gas companies look like saints beside these highly leveraged US shale plays.

look for a huge drop in drill rigs tomorrow again and again.

DYODD

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