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

Comment by shambano1on Jun 06, 2016 2:53pm

63 Views

Post# 24938883

RE:Out at 6.23

KastenChase wrote: Nice profit from 6.07

too bad it's going to sell above your sell price today.

now what will you do buy it back at a higher price and trade it higher?

smart money is beuyng in before the access pipeline news and before any more oil price increases as supply and demand get back into balance.

non-opec production is falling fast and we have assurances from opec tht they will not flood the market which is giving support to oil prices and should continue to.

this weeks oil storage will be down again, oil, gasoline and distilates, for more storage reductions.

weekly oil produciton will go down another 25,000 this week.

oil price to get to 55 by the end of june if not earlier.

BUY MEG BACK AT 6.25 BEFORE SHE GETS AWAY FROM YOU, LOL

Bullboard Posts

Eminent acquires promising Nevada gold project