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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Comment by Olympicon Oct 24, 2018 4:21pm

134 Views

Post# 28866803

RE:If wcs goes to 5 bucks meg should trade at 3 bucks

Why are analysists anticipating the hedging results as negative for Q3 2019? The WCS discount is historical and enough of a challenge to procuders, has MEGs mgmt seriously fumbled the heging arrangement? Nov 1st results will not be pretty ... and Q4 will be disasterous if market trends continue.

MEG shareholders should be estatic with the $11 offer, many HSE shareholders are of a different opinion.

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