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.

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MEG Energy Corp > MEG a Take Out Target - How Much $$?

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Comment by newcoinon Mar 05, 2022 1:45am

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Post# 34485963

RE:RE:MEG a Take Out Target - How Much $$?

Listening to the interview on BNN again.
Eric says he doesn't expect a lot of M&A except for the companies that can offer tax relief to the major players. The big boys will be looking for smaller companies that come with tax benefits.
We'll see what happens to MEG, ATB and CJ later in the year.

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