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 > MEG PREMARKET

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Comment by JoeDevon Mar 07, 2022 8:54am

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Post# 34489600

RE:RE:MEG PREMARKET

Yes. I noticed that premarket. I wonder what's going on or sometimes that happens with others too. But honestly, most of the oil stocks are trading way below what they're worth. Oil won't be dropping much if ever below 80 or 100. Anymore. Oil has a long way up to go, I think. The world can't live without oil. Not for another 100 yrs anyway. Just like lumber and steel. When I was a kid a bottle of pop was 7 cents. What is it now?

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