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 oilismoney1on May 22, 2016 9:12am

246 Views

Post# 24896084

RE:meg going over $7 this week and on towards $8

I don't think MEG will be back into the $ 10+ range for 6 more weeks

When their Q2 comes out and it is reveiled that they are back to making money again

Obviously not the kind of money they would make at $80 barrel but making money none the less

Feel fortunate to have this opportunity to own this stock

Can we fast forward to say the backend of 2017

Exciting times.

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