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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 oilconsultanton Feb 03, 2017 2:20pm
126 Views
Post# 25796633

you guys are dummies...LOL

you guys are dummies...LOLMEG is screwed, big time...LOL

they owe a staggering $5 billion.... where the hell are they gonna get that money to repay it?  It would take well over $100 oil for them to get close to repaying a half of that amount...LOL

all MEG did was kick the can down the road a few years.... they could not repay the debt... that is very bad to realize... so they extend the maturity.  So they basically showed you fools they could not hope to repay the debt... so what do they do.... extend the date BUT now they pay more in interest... basically adding debt to debt they could not repay!  You fools...LOL

nope MEG will go bankrupt in time, they have to, only way to discharge the debt... and your shares will then be worthless...LOL

gawd what is wrong with you people?  MEG owes a staggering $5 billion...LOL  and they lose money...LOL  they will never be able to repay $5 billion... they have to go bankrupt...LOL

You guys are so clueless... such a bunch of dummies...LOL
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