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

Bullboard Posts

Comment by Bluejaysoileron Apr 23, 2019 3:29pm

146 Views

Post# 29661078

RE:RE:Big Seller

fellowship wrote: I opened a new position with $MEG today 4400 @ $6.60

Trading it or not we shall see.

My major position remains $ATH which is better suited for my risk profile.

GLTA

From my calculation, ATH has only 10 more % upside compared to MEG as of now. Initially plan to buy ATH but now I will but MEG instead since the gab between two has been narrowed. Considering the risk, 10% is not worth.

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