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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

Comment by Cancundudeon Mar 06, 2022 12:44pm
322 Views
Post# 34488082

RE:Eric Nuttall's picks

RE:Eric Nuttall's picksI have been following Eric forever. He is very cagey for sure. If he appears meh about a company that he has talked favorably about in the past tells me to buy. He did this with WCP a number of months ago and then the very next week gobbled up a bunch. The fact he does not hold MEG personally is not a worry but something to consider. TVE is another of his major holdings he and family members old. Heard he holds some in his kids RESP.  Guy knows his numbers and has the respect of many of the CEO's. But again very cagey guy when it comes to these things. 
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