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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 MEGat2buckson Sep 06, 2018 3:15pm
117 Views
Post# 28574476

RE:RE:Next year under 5

RE:RE:Next year under 5There is no pipeline...if there is one Suncor and Canadian natural will fill it up....Meg enegy will never, ever produce above 115 000boed ...and we will see a decline from this number....just watch Another reason why meg is staying under 8 bucks is the future price of Canadian oil....under 40 for many months....who knows it can be many years Meg energy does not have a plan to grow beyond 2018....the company is divided...sell now for 11-14 bucks or wait 20 years and hope for 3-4 pipelines and oil at 150...stock target 4-7....
Bullboard Posts

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