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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
Post by CrudeProon Jun 03, 2020 1:38am
314 Views
Post# 31105031

RBC Conference

RBC Conference

RBCs Global Energy and Power Conference started yesterday and goes through tomorrow (June 3rd). Part of the relative outperformance you're seeing in MEG could be related to their general or more 1:1 meetings held over this conference period. New and existing shareholders coming into the story, as they're presenting well. Something I hadn't heard anyone talking about, so thought I'd add. 

https://www.rbccm.com/en/conference/energy-and-power-conference-2020.page

Bullboard Posts