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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
Post by oilconsultanton Mar 29, 2017 1:39pm
61 Views
Post# 26047324

oil is going higher

oil is going higherthe best way to play it, not MWEG with their massive debt... they take years to add production and it costs them mega bucks to add... best way to play oil is to own a quality producer with low debt... like TAG... or the obvious names like raging river and whitecap... but certainly not meg... MEG has under performed the oil index for years and years and it will always under perform cause it is smoothered by this masive $5 BILLION in debt.

use your heads dummies.... MEG has always under performed... you owners have been losers for years and years... you are just too dumb to realize it...LOL

look at shambone... that fool has owned MEG since he bought it at $45...LOL  the clown is down about 80%... long term loser.... like all MEG sharedummies.... losers...LOL
Bullboard Posts