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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
Bullboard Posts
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(110)
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Comment by LeJameson Oct 01, 2020 10:31am
175 Views
Post# 31648364

RE:RE:prime take out target!!!

RE:RE:prime take out target!!!

I doubt there will be any major M&As before the CEOs in Houston and Calgary can say with confidence Wti price won't drop to the $20s.


The technicals of MEG are clearly set up for a retest of the $1s. 


 

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