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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

Post by 45yesssson Nov 08, 2021 6:33pm
248 Views
Post# 34102420

One step at a time

One step at a timeIts great that they paid off some debt and now are unhedged for 2022--BUT-- how about something for us investors. From what I have read they did not mention anything about buy backs or maybe a divy. 
Peraps on the conference call tomorrow something is saud. This is not going to boost the price much IMO
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