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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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(21)
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Comment by Jaydcrzyon Mar 20, 2019 12:21pm
114 Views
Post# 29511536

RE:at 70wti, husky making another bid?

RE:at 70wti, husky making another bid?Funny I was just reading an article earlier I didn't even know Husky had already offered then 11$ a share previously. I bet shareholders don't reject a reasonable offer this time around (if). Hindsight is a wonderful thing :P 

Apart from Husky, Canadian Natural Resources Ltd., Imperial Oil Ltd. and Suncor Energy Inc. would be logical buyers for MEG and could pay between $11 per share and $21 per share
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities