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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Post by shambano1on Sep 29, 2016 9:44am

116 Views

Post# 25289862

CVE share offer to buy meg??

using their shares at 1 CVE share for 2 MEG shares equals a price of 9.30 for each MEG share today.

this is a good deal for everyone and the combined company will lower costs, and continue to grow produciton fior the next 40 years.

I am on board and I will tender my shares to a share offer from CVE.

much less risk and still good apprecaition if oil prices recover over the enxt 2 years.

GLTA

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