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MEG Energy Corp T.MEG

Alternate Symbol(s):  MEGEF

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

Bullboard Posts
Comment by shambano1on Dec 14, 2016 11:42am
42 Views
Post# 25598512

RE:buy buy buy

RE:buy buy buyneither measurement is really exact science, they just different ways of looking at producers and pipelines and imports, etc.

bottom-line oil pricec have firmed on the belief in opec non-opec deal and until we get confirmation that storage is really goind down all over the world, oil will move up and down and then depending onnhow fast or slow oil storage depletion is going.

so lots of opportunities to trade the swimgs in oil prices.

NG is a little more reliable since it's a north american things and winter has started fast and cold and NG could make a puch to over 4 very soon.

GLTA
Bullboard Posts