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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 Winniepup21on Jul 16, 2018 9:52am
149 Views
Post# 28320393

Getting pounded in US trade MEGEF

Getting pounded in US trade MEGEF Down 6.5% - Trump will turn taps on.  Maybe some talk after PutinTrump summit may hear about increasing supplies from Russia.  Oil down.   Meg breaking down below support around $10.15.   Could be $8 in no time....

This one is overbought and McCaffrey retiriing into a bull run for MEG = good time to cahs in chips.  Watch the selling here as he divests for estate planning.....

glta
wp21
Bullboard Posts