Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Fuzman5902on Jun 14, 2022 11:43am
251 Views
Post# 34755206

RE:RE:Q2

RE:RE:Q2
Eigen337 wrote: YES but their BOP will be about 1/4 LESS than Q1/2022 due to the 30 DAY TURNAROUND at Christina Lake Phase 2B !!!

'Projected' Q2/2022 BOP:

76,000 to 78,000 bbls/d

ADD another 1,000 to 2,000 bbls/d taken AWAY from STORAGE and you get:

Bitumen Sales:

77,000 to 79,000 bbls/d

This is my opinion only.

Eigen337




Which is exactly why it's difficult to come up with a real accurate figure, they were 5-6 million high

in capex in Q1, will Q2 be 88 + 45 or 82.5 +45?

How much has the differential contracted in the USGC?

Some diluent savings although the differental has been narrowing of late

Or is it almost as easy taking Q1 x.8, If june finishes strong north of 400 is quite achievable.

Regards Fuz
<< Previous
Bullboard Posts
Next >>