MEG Energy Corp T.MEG

Alternate Symbol(s): MEGEF

Energy Oil & Gas Refining & Marketing

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

Bullboard Posts

Comment by CashSailson Nov 17, 2018 10:20am

173 Views

Post# 28989214

RE:good news for shareholders is

You’re right. The offer has been a gift to prop up the share price during the destruction of the past few weeks. However, if we begin to get some bullish news and narrowing of WCS, I’d prefer they walk from Husky. The current deal price also doesn’t reward the board and leadership nearly enough for them to back it.

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