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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 drunk@noonon Apr 04, 2022 11:00am
157 Views
Post# 34573040

cahclick:never said he was suppose to hold one's hand.

cahclick:never said he was suppose to hold one's hand.I am more than capable of doing my own DD.
Just telling what has happened.
Nuttall is given way too much access to BNN.
It is his right to max his own self interest.
Bnn host's.moderators are out to lunch. I see how nutall bounces from cashflow to marketcap and then cashflow to EV, depending on how much debt the stock he is favoring has---which has made a hudge diff in intrincic value per share, in the past few years when debt has been extremeley high compared to cash from op activities, i.e 50 dollars wti and piles of debt---now it doesn't make much difference as balance sheets are in order and price of oil is high---so he doesn't need to bounce back and forth like before.

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