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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 > Very pleasantly surprised
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Comment by newcoinon May 08, 2022 4:32pm
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Post# 34665595

RE:RE:RE:RE:RE:RE:Very pleasantly surprised

RE:RE:RE:RE:RE:RE:Very pleasantly surprised I hope you're correct.
Way past my pay grade.
$600M debt floor was supposed to be H2 2023 but I've heard many thoughts that it would be sooner.
Under promise and over deliver.
If $100 oil holds (and most people can't believe it) then MEG is generational wealth. I believe!
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