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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.


TSX:MEG - Post by User

MEG Energy Corp
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Post by GrandBendon Apr 22, 2022 6:34pm
294 Views
Post# 34625363

Interesting post from Eigen337

Interesting post from Eigen337VOTED AGAINST 5 of the 12 DIRECTORS seeking NOMINATION !!!

CEO Alex Pourrbaix has TWO BLACK STARS AGAINST HIM !!!

1- For SUPPORTING ENB in their CRAZED ANTI-CANADA toll scheme that was REJECTED by the CER !!!???!!!

2- For GOING ALONG with this INSANE HEDGING program even AFTER he PROMISED in 2018 NOT to DO IT in the future!!!???!!!

I am making an 'ASSUMPTION' here (?????) that he was NOT OUTVOTED in the BODswhen they AUTHORIZED the Hedging Program!!!???!!!

So my 'OPINION' of the CEO has gone SOUTHsince he TOOK over the position when I HELD HIM in HIGH REGARD {when he FIRED a bunch of SURPLUS CVE employees and MOVED the Head Office} especially in 2018 and 2019 !!!

I 'use to' RATE him on PAR with CEO Derek Evans but NOW I 'BELIEVE' that Derek is a SUPERIOR CEO !!!

This is my opinion only.

Eigen337
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