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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 Stockemupson May 15, 2020 8:14am
45 Views
Post# 31031957

RE:No Big Bounce

RE:No Big Bounce
Duster340 wrote: coming anytime soon, the world still produces more oil than is needed every day by a long shot. and there is no v shaped recovery coming that trumps is trying to sell. it will be a slow graduall recovery. could even be a set back in the usa from opening to fast and not following guidelines. this will continue to be a good stock to day trade.


Oh. Okay shorty. If the shorts are out the squeeze is coming.
Bullboard Posts