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.

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MEG Energy Corp

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Comment by TheGeneral1on Jul 23, 2016 9:26am

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Post# 25078183

RE:RE:RE:meg may announce access sale and jv partner

Actually ideaman, I got more meg yesterday at 6.26. I am long on meg, however, can you stop with the broken record on the jv and sale? Oil might hit 38-40. there is a 50/50 chance. In that case, we might see meg in the good ol 5's again. In that special case I will buy more. If oil doesn't dump and goes up from 44.50, im happy with yesterdays purchase. I see resistance at 6.20 as long as oil stays above this current price. As for your constant posts on the sale and venture. I will predict there will not be any change in megs status next week. The general has spoken. Want to see who is right next week on that one?

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