MEG Energy Corp T.MEG

Alternate Symbol(s): MEGEF

Energy Oil & Gas Refining & Marketing

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.

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MEG Energy Corp > Recommendations on adding MEG

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Comment by pharmabroson Feb 28, 2022 11:02pm

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Post# 34469881

RE:RE:Recommendations on adding MEG

Ah yeah you're right. I just wasn't sure if oil stays at $95 all year, I hope it does,
that's kind of a sweet spot, not too low (tons of FCF) or too high (destroy economy)
Do you think MEG could buy ATH? And then maybe CNQ or someone would
buy MEG? I wouldn't mind ending up with a dividend paying stock out of all this!

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