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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 > Boy did Nuttall get it wrong!
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Comment by cashtango00on Aug 03, 2022 11:47am
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Post# 34868274

RE:Boy did Nuttall get it wrong!

RE:Boy did Nuttall get it wrong!Nuttall is a clueless perma bull.  There is not a massive shortage of oil that Perma bulls keep saying there is.  The tape tells the story.  oil will be in a surplus in '22 and '23 and gasoline demand in the US is not great.  listen to the price of oil, its telling you something.  
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