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.

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MEG Energy Corp

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Comment by MEGat2buckson Oct 25, 2018 9:56am

83 Views

Post# 28870584

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

Meg has huge reserves....valued at3-4bln Meg has good production 100 000boed Meg has 40 years life of 90 000boed production Meg is under 10bln Meg has permits for increased production Meg has tax pools of 1-1.2 bln Meg is a good company to buy under 15 bucks share Meg makes money at WCS 30...now WCS is 20 Meg will make a lot of money in 10 years...bilions of dollars

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