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

Bullboard Posts

Comment by oilconsultanton Oct 26, 2016 3:35pm

98 Views

Post# 25389319

RE:1st half results

wow carlos you silly fool.... the 1st half was good? good to be cash flow NEGATIVE and owe $5 billion...LOL

these clowns produce 80K bbls a day and lose money at it.... yep really good.... oh and they owe $5 billion they got to repay...LOL but they are losing money...LOL

but carlos figured those were some good results...LOL

wow... you guys are really thick in the head huh? LOL

meg is going bankrupot, it cannot repay that debt, never, ever will it have that kind of money.... they will go thru bankruptcy and then IMO might pick up the assets for pennies on the dollar... you shareholders will not get a penny back thpough... not a single penny... sell while you can get money out of this stupid company that will never make any money...LOL

such dummies here...LOL

Bullboard Posts

Abcourt Mines launches Flordin property drill campaign