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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 peter75on May 18, 2018 7:31am
96 Views
Post# 28050998

RE:What happened today??

RE:What happened today?? Remember trees don't grow to the sky
meg opened at 8.77 on Monday 
it is up 4 percent on the week thus far. 

It seperated from the energy pack pack earlier in the week
reversion to the mean, 
Others needed to catch up , money flows work on this balance factor
Bullboard Posts