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

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Post by Moemoney42on Mar 08, 2022 11:51am

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Post# 34495605

US & UK Russian crude ban

What's even more fundamental to the crude prices going forward aside from bans of Russian crude, is the amount of capex leaving Russia.. these huge companies and projects that get moth balled in Russia will affect production going forward.. they sure won't be able to finance them with Russian Rubles.. LOL.. ;-)

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From now on, dynaCERT instead of Bitcoin or NVIDIA?