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

<< Previous

Bullboard Posts

Next >>

Post by fishbeeceeon Jan 06, 2022 6:56pm

266 Views

Post# 34291099

MEG is winner with narrowing WTI/WCS Price Dif.

3) WCS-WTI heavy differential narrows to ~US$12/bbl: This is a significant improvement from ~US$20/bbl in late November. MEG, Cenovus, and Imperial should benefit the most from this trend given a significant weighting to non-upgraded oil sands production within their respective portfolios.

Courtesy of TD

<< Previous

Bullboard Posts

Next >>

Gold vs. bitcoin, where should you invest?