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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
Bullboard Posts
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(3)
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Comment by rockoil29on May 16, 2016 10:27am
64 Views
Post# 24876595

RE:RE:RE:RE:RE:Oil jumps as Goldman Sachs says market flips into deficit!

RE:RE:RE:RE:RE:Oil jumps as Goldman Sachs says market flips into deficit!Investers waiting will be sorry !! Meg gains $2.5 million or $30 million yearly for every $1.00 increase in the price. Since all fixed costs are  covered most of that hits the bottom line!
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities