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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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Comment by BullishBaytixon May 11, 2016 2:41pm
117 Views
Post# 24862957

RE:RE:Wow

RE:RE:Wow
roj1998 wrote: My guess is holding this at a certain price range due to a deal is done.Might be a joint venture. Who knows???holding this down so that the premium looks good JMHO.

thats what everyone says when their shares are not performing as well as they would like... Its never the companies fault, its alwasys some sort of manipulation... Its being shorted plain and simple. then it will jump way up when the shorts cover... happened before with meg and will happen again. 

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