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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

Comment by Fuzman5902on Jul 05, 2021 8:35am
188 Views
Post# 33492008

RE:RE:RE:Scotiabank on CDN oil company tax pools

RE:RE:RE:Scotiabank on CDN oil company tax pools


vailable, until fully exhausted. 2. Tax pool value based on tax rate of 23% (tax pools as at December 31, 2020); Value presented per MEG share, using fully diluted shares outstanding as of December 31, 2020. 3. Maximum theoretical value is calculated based on average 2021 tax rate of 23.0% applied to MEG’s total and immediately deductible tax pools, and using fully diluted shares outstanding as of December 31, 2020. $7.4 billion of tax pools $5.9 billion of tax pools are immediately deductible Non-Capital Losses CEE + SR&ED CDE Other Pools M
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