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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
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Post by perstrudenton Aug 04, 2022 10:42am
173 Views
Post# 34870981

Wheres the debt buybacks

Wheres the debt buybacksMeg has so consistantly been in open market buying back debt daily or every other day....Comin up on almost 2 weeks with no debt buybacks....have they redirected all funds to share buybacks past 12 days...time will tell...saving up for a bigger block of debt..maybe...

Management has executed exactly as they have stated...but definently weird to see the daily debt buys and then nothing....
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