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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 > MEG Discussed - Stockwatch
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Comment by newcoinon May 31, 2022 9:00pm
352 Views
Post# 34721933

RE:MEG Discussed - Stockwatch

RE:MEG Discussed - Stockwatch As an investor, I was impressed. They announced the price at $21.85 which will now form support. The price was down today because they announced the price of the transaction. Not hard to figure out and actually a very good thing for investors.
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