MEG Energy Corp T.MEG

Alternate Symbol(s): MEGEF

Energy Oil & Gas E&P

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 TheDarthTraderon Jul 23, 2018 11:47am

142 Views

Post# 28353150

ER leadup

Food for thought: ER is coming up Aug 2, 9 trading days away.

What was the price action last earnings on May 10? The 9 days leading up to May 10th, price moved up 20%. That came after a multi-day negative, similiar to the one we just saw.

If repeated, meg should be up around $10.50 before Aug 2nd.

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