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 > Meg down big compared with all the other energy stocks...

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Comment by Fuzman5902on Sep 17, 2021 3:37pm

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Post# 33878990

RE:Meg down big compared with all the other energy stocks...

Nope none @ all, other than because they can.

Think of it this way with wcs trading @ $ 60 they are making somewhrere in the neighbourhood of 850K a day.( I didn't do the math but it's close.)

With a very slight increasse in wcs & narrowing differentials into 2022 multiply that number in excess of 3, that's why I'm here.

Regards Fuz

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These cold weather stocks are looking to heat up for winter