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MEG Energy Corp T.MEG

Alternate Symbol(s):  MEGEF

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

Bullboard Posts
Comment by Swanbhanon Apr 19, 2020 11:41pm
124 Views
Post# 30928453

RE:RE:RE:RE:RE:Russians and Saudis Talking!!!

RE:RE:RE:RE:RE:Russians and Saudis Talking!!!If you managed to look at their corporate presentation then suggest do the math too.

they will exit the quarter with incremental cash -$50-$75million assuming WTI average 25 30 and 35 in q2 q3 and q4.


Bullboard Posts