MEG in the 6's finallybut can it hold this new territory??
we shall see but if we get any kind of short covering on the back of this weekly storage report maybe MEG can even get back into the 7's with higher oil prices.
produciton is increasing and costs are decreasing both good things leading to better results in q3 and q4.
don't get me wrong MEG still has challenges, namely debt repayment but they do have some levers that they can pull in order to lower debt with asset sales and or JV partners to help increase produciton.
glta