MEG Energy Corp T.MEG

Alternate Symbol(s): MEGEF

Energy Oil & Gas E&P

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.

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MEG Energy Corp

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Comment by jagsfanon Aug 25, 2020 4:18pm

150 Views

Post# 31452202

RE:RE:RE:RE:MEG GETTING KILLED AGAIN ! NOW YA TRADE HER .

Somedays, it does look like SP suppression for the ebenfit of a buyer who doesn't want to pay more than $4/share.
Even on a day like today, with WTI & WCS both UP strongly all day, MEG couldn't get above $4 & later fell to a small loss.
Patience is a virtue they say but mine is being tested.

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