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 > NEXEN (CNOOC) GETS Regulatory APPROVAL To RESTART Long Lake

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Comment by Fuzman5902on Apr 18, 2022 11:24am

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Post# 34609999

RE:NEXEN (CNOOC) GETS Regulatory APPROVAL To RESTART Long Lake

Unfortunately you are correct this is way out of Meg's league

Whether this is a good sign or not but the starting of the vacuum tower in late 2022 or early 2023

might suggest that they may not be divested of all their asstets for another 9 months or so giving meg

more time to soak up some of these shares?

Regards

Fuz

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