MEG Energy Corp T.MEG

Alternate Symbol(s): MEGEF

Energy Oil & Gas Refining & Marketing

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 > S/O @ 6/30/2022: 307,271,XXX !!!

<< Previous

Bullboard Posts

Next >>

Comment by Volkommon Jul 29, 2022 3:43pm

181 Views

Post# 34861016

RE:RE:S/O @ 6/30/2022: 307,271,XXX !!!

Bang on. Unfortunately this is a major part of compensation in this industry for the C-suite.

There's many companies much much worse out there than MEG.

Ahem, CPG. They issued back 25% of the shares they bought back in Q2.

For many companies, NCIB's aren't going to do the trick. We need SIB's.

<< Previous

Bullboard Posts

Next >>

Quantum eMotion leaps by 20 per cent after Becton Dickinson deal