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.

TSX:MEG - Post by User

MEG Energy Corp

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Comment by Stockemupson Sep 08, 2020 8:10pm

153 Views

Post# 31524688

RE:An Eric Nuttall top pick! Quick.. Run!!

Cheadle12 wrote: This heavy oil debt monster with former PGF CEO is just a rat trap.

Noone wants to acquire with the debt load & if it doesn't it's gonna be a take under given the debt % of EV.

Hence why it's down 12% today.

MEG = Make Energy Great again.

But needs to be out of the Nuttall Portfolio, he's too well know to pump dogs like this & baytex.

Every stock Nutbag pumps, tanks.

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