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

Bullboard Posts

Comment by quintessenceon Jul 26, 2016 9:48am

64 Views

Post# 25084421

RE:looks like oil might be going under 40 again

I seriously doubt traders will let it drop below $40.00.
The sky is falling is a little over done. We have a nice healthy pullback to take advantage of some seriously decent buy situations. The world economy is doing fine regardless of the bull you hear in the news. Turn off the TV.

All IMO.

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