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MEG Energy Corp T.MEG

Alternate Symbol(s):  MEGEF

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

Bullboard Posts
Comment by LeJameson Oct 13, 2020 3:52pm
151 Views
Post# 31708595

RE:593800 on the bid at 2.79

RE:593800 on the bid at 2.79

Interesting. Been short MEG since SP was in the $3.9s, covered on Friday and started building a long position this afternoon.


Glad to see someone (or some institution) with that kind of money to put in one stock agrees with me. 

Bullboard Posts