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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.


TSX:MEG - Post by User

MEG Energy Corp
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Comment by Swanbhanon Mar 24, 2020 4:39pm
176 Views
Post# 30843209

RE:RE:MEG or CVE?

RE:RE:MEG or CVE?Agreed. 
Even outside the sector all the companies are worrying about the cash flow situation. Meg is liquid even at current prices with hedges in the place.
They will get to the other side. I dont think current market condition will last beyond 2020.


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Dealroom for high-potential pre-IPO opportunities