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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 shambano1on Mar 04, 2016 3:58pm
60 Views
Post# 24624028

RE:meg made us all some good dollars today

RE:meg made us all some good dollars todayideaman, your close friend Guyf.. won't post until MEG falls back if it falls back.

our critics look real smart when the share price is having difficultites but once they start to recover, they disppear into the darkness from which they came.

MEG and other CND O&G companies had a good week but so did oil, but oil will fall back before it goes too much higher, it's never in a straight line, but I think we can safely say the bottom is in for now.

I still beleive MEG is better off selling to an integrated comapny like IMO, SU, Husky, etc for more security down the road but as long as oil prices are rising there is plenty of torc for everyone.

GLTA
Bullboard Posts