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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 > LINE 3 is important and hedge numbers update
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Comment by DeepValueOil88on Dec 07, 2020 3:20pm
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Post# 32051231

RE:RE:RE:LINE 3 is important and hedge numbers update

RE:RE:RE:LINE 3 is important and hedge numbers updateNigeria on strike at all oil ports and Libya blockade shutting down significant production. Physical delivery price surging. Full impact to be assessed overnight. WTI over $50 this week. MEG to $6.25 at $50 strip.
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