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.

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MEG Energy Corp

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Comment by quintessenceon Jun 20, 2016 11:40am

164 Views

Post# 24980078

RE:RE:RE:RE:MEG will be taken out by Suncor at $12

Ness has a point. IMO just came up with $2 billion sitting in their account. MEG could use that. I say MEG should initiate a takeover of IMO, CVE and SU for a triple play.
Quit being candya$$e$. Time for MEG management to actually get aggressive.
;-)

All IMO.

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