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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 sorrensonon May 02, 2022 10:06pm
256 Views
Post# 34649837

RE:What is wrong with this country ??????

RE:What is wrong with this country ??????Home run?? Nothing to the shareholders is not a home run, Its a slap in the face in todays market

.  No one buys a share that says "maybe" in  two years we "might" give the owners a taste if oil holds.   The refusal to pay a dividend will hurt this stock. Dont expect a jump tomorrow .  A buck or two on the open then spiral back into the day to day grind.

There is too many oil  stocks paying cash today ..not years from now.  


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