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MEG Energy Corp T.MEG

Alternate Symbol(s):  MEGEF

Energy Oil & Gas E&P
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 oppy69on May 11, 2016 3:37pm
92 Views
Post# 24863257

RE:RE:RE:RE:meg is junk...

RE:RE:RE:RE:meg is junk...The price action makes perfect sense.

Meg was unscathed during last week's fires.
Their cost per barrel is below $10.
Aeco spot price for nat gas is at an all time low.
WCS and WTI are at 2016 highs
MEG has started hedging their production at a profit.

What else am I missing?


Bullboard Posts
Dealroom for high-potential pre-IPO opportunities