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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 > CC: MEG CEO 'SEES' 2023 CAPEX At About $ 400M Given ...
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Comment by perstrudenton May 03, 2022 11:41am
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Post# 34651242

RE:RE:RE:CC: MEG CEO 'SEES' 2023 CAPEX At About $ 400M Given ...

RE:RE:RE:CC: MEG CEO 'SEES' 2023 CAPEX At About $ 400M Given ...in essence should give you more than 10% gain..if a stock is trading at a valuation of 3 to 4x fcf...every share you repurchase should give an equal 3 to 4x return...and if we ever return to historical 6 to 8x valuations watch out
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