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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 broker71on Oct 16, 2018 1:51pm
54 Views
Post# 28811707

RE:RE:RE:RE:Oil Price Differentials

RE:RE:RE:RE:Oil Price DifferentialsIts ok. Trudeau prefers domestic oil companies to suffer at expense of middle east propsering. Carbon tax domestic production and buy dirty oil. No carbon tax on imported oil. How does that make sense? 

Over the last 10 years, Canada has spent $20.9 billion on Saudi crude

Despite sitting on an ocean of oil, Canada still buys $300 million per month of Saudi crude


Read more at https://www.stockhouse.com/companies/bullboard?symbol=t.sgy&postid=28811666#uO68W9RU3s8ySqvf.99

quote=lowe0]https://calgaryherald.com/commodities/energy/canadian-oil-price-plunge-to-below-20-could-lead-to-a-wave-of-new-energy-deals/wcm/3c5c3261-cc48-4a8b-8787-de15bb7bf9fd https://business.financialpost.com/commodities/energy/oilands-bitumen-prices-are-actually-in-negative-territory-analyst-calculates[/quote]

Bullboard Posts