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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
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Comment by BCthoughtson Oct 01, 2020 2:12pm
164 Views
Post# 31652101

RE:RE:RE:prime take out target!!!

RE:RE:RE:prime take out target!!!Strange things happen with oil as this spring showed. I think there's enough support at the mid 2.50s to not see much more of a drop. Everything is sitting pretty until there is a clear winner in the US election. Until then all bets are off. If Biden gets in Keystone XL will be killed off or heavily modified and the pressure will be on TMX to be competed. Hopefilly we can flirt with the 3.50s soon when Biden forgets what to say during a debate.  If everything goes well $5-6 by Spring.
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Dealroom for high-potential pre-IPO opportunities