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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 invest888123on Nov 08, 2021 6:46pm
354 Views
Post# 34102471

conference call should be good

conference call should be goodlooking forward to some guidance. curious to know if there will be any hints of ncib or divy in the future. MEG Takeover target indeed with 2022 unhedged and large tax pool access. they refused the husky offer around 11, probably was trying to get 14-16. seems meg is still undervalued at current SP.
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