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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 14, 2017 10:56am
83 Views
Post# 25842797

MEG, value destruction!!!

MEG, value destruction!!!was $56 a share, now $6...LOL they rack up a staggering $5 billion in debt...LOL

$5 BILLION in debt!!!  they are still losing money too.... if ya own this one, you are both stupid and a big time loser...LOL  they go together right?  loser and stupid...LOL

that is what I see here, lts of stupid and lots of losing...LOL

$5 bill in debt and no one here even considers that?  idiots...LOL
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