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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 > WCS TRENDING For USD 35 Per Barrel In January 2021 !!!???!!!
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Comment by DeepValueOil88on Jan 04, 2021 10:17am
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Post# 32214610

RE:RE:RE:WCS TRENDING For USD 35 Per Barrel In January 2021 !!!???!!!

RE:RE:RE:WCS TRENDING For USD 35 Per Barrel In January 2021 !!!???!!!Word from OPEC is Biden to snuff shale quickly. Hostility focus on Iran, while OPEC has renewed resolve. WTI to cross $50 today. Will pay $5+ for MEG on trading this week. Raising target price to $14.75 based on $60 WTI strip.
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