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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 > Market beat!
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Comment by ziggy1410on Nov 08, 2021 6:07pm
215 Views
Post# 34102343

RE:RE:Market beat!

RE:RE:Market beat!Guidance is raised , netbacks $ 37+....and Power Production a surprise positive revenue stream...I think management has the company hitting on all cylinders...Hedging strategy still has to be made clear for 2022....Oil is going higher next 6 months...
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