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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 May 02, 2022 11:02am
119 Views
Post# 34647548

RE:Figures

RE:Figures This market just hates to see any oil stock reach fair value , I'll be more interested to see reaction tomorrow after these eye-opening numbers are released this afternoon , patience Deckdude

Deckdude wrote: The day we release earnings oil is down four dollars negatively affecting what should have been an exceptional positive share price increase. 


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