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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

Post by newcoinon Mar 31, 2022 12:11pm
169 Views
Post# 34563312

Biden's 180 Release - Only Two Days Of Global Production

Biden's 180 Release - Only Two Days Of Global ProductionGlobal oil production amounted to 88.4 million barrels per day in 2020. The level of oil production reached an all-time high in 2019, at around 95 million barrels. However, the coronavirus pandemic and its impact on transportation fuel demand led to a notable decline in 2020. This quantity includes crude oil, shale oil, oil sands and NGLs (the liquid content of natural gas, where this is recovered separately), but not liquid fuels from biomass and coal derivatives.

https://www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/
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