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 quintessenceon Jun 28, 2016 5:04pm

150 Views

Post# 25006232

RE:RE:meg will be going green tomorrow

So......market is giving those numbers some credibility. Be nice to see WTI over $49.

I figure we should have some analyst updates after the AGM in the next couple of days and after they chat with management.
RBC seemed to indicate in one report management wasn't in a rush to give away the pipeline and that their deadline to do so easily could wait until at least 2019 prior to any debt payments.
I'd be OK with that . Access will probably be way undervalued at this point anyways. Unless they use a portion of the money to increase production where they indicated they could possibly save $4.00/bbl in costs.

All IMO.

Bullboard Posts

Global Tungsten Market and Supply Security