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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 > Black Market Russian oil priced higher than WCS
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Post by MaximusGainuson Aug 08, 2022 3:10am
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Post# 34877928

Black Market Russian oil priced higher than WCS

Black Market Russian oil priced higher than WCSI find it hard to accept that our WCS heavy oil discount differential to WTI is greater than the discount applied to sanctioned Russian oil, fetching Dubai prices on the world markets.

This even though our heavy oil is more sought after as it gets more bang for your buck when cracking for diesel.

Can't wait to get our product to world markets through the TMX in 2023.

https://www.reuters.com/business/energy/russian-crude-prices-recover-strong-india-china-demand-2022-08-05/
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