MEG Energy Corp T.MEG

Alternate Symbol(s): MEGEF

Energy Oil & Gas Refining & Marketing

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

Post by invest888123on Dec 10, 2020 11:37am

387 Views

Post# 32076872

stay long for that iminent buyout imo

buy and hold. i smell a takeover coming. crude looking good.
- vaccines being rolled out
- demand from asia looking trying to buy more oil elsewhere.

meg turned down an offer from husky, next offer from another source will go even higher if crude keeps going up imo.

Bullboard Posts

@ the Bell: TSX advances to start off Christmas trading week