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

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Post by geezer21on Oct 31, 2021 10:50pm

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Post# 34071674

Russia Halt Yamal Pipe Line Gas to EU

Excerpt:

"...Russian gas supplies through the Yamal - Europe pipeline via Poland to Germany had come to a sudden, unexpected, and screeching halt."

https://www.zerohedge.com/markets/europe-edge-after-russia-halts-gas-shipments-yamal-pipeline

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How to decrease sector risk by owning hundreds of mineral assets