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 Freefall222on Jul 13, 2020 11:45pm

131 Views

Post# 31263682

RE:RE:Question

I'm long, I think it will eventually rebound but maybe not until next year. I've had bad luck trying to time the bottom so I'm just holding for now. I also have CPG. I've sold some and have gotten into gold mining stocks but the rest I'm going to wait to see what happens. As precious metals market can be even riskier then oil and gas.

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