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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

Comment by topdown99on Apr 27, 2022 2:02pm
189 Views
Post# 34636297

RE:RE:Pathetic share price action

RE:RE:Pathetic share price actionWhile I have very little use for the "I told you so" crowd , it seems patience IS being rewarded today , lol .

topdown99 wrote: BTE reports Q1 results Thursday after the close , MEG won't report until next week > I think the price action here is a last ditch attempt to frustrate/scare some shareholders into selling . Be patient here and get rewarded .

Deckdude wrote: This is up .16 as oil went up over three bucks. That's pathetic. Baytex went up .16 and is a six dollar stock. Why is it underperforming?


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