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

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Comment by shambano1on Jul 14, 2016 10:14am

102 Views

Post# 25051897

RE:preisendt's message regarding access pipeline

maybe it's just me but I interpret this message to mean that access pipeline is not for sale unless MEG gets real good price and also real good transport costs as well.

so MEG is expecting higher oil prices in the future which means access pipeline will be worth more and transpot costs can be handled without affecting CF significantly.

I was hopeing for a bounced when access sale by deveon was announced but no such luck at least not yet.

maybe when the deal closes in q3???

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