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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 Oilsurgeon Jul 24, 2018 5:17pm
105 Views
Post# 28361547

RE:RE:Hedge Fund Going On The OFFENSE Or Getting OUT ???!!!???

RE:RE:Hedge Fund Going On The OFFENSE Or Getting OUT ???!!!???
I expect he wanted to try and do something short term to boost stock price that would hurt the company long term and the bod didn't agree. Adios I say ..he only came on the board in November 2017.. so hardly there.
Bullboard Posts