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.

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MEG Energy Corp > MEG - Discussed As A Favourite Of This Analyst

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Comment by cashtango00on Oct 11, 2022 2:45pm

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Post# 35017787

RE:RE:RE:MEG - Discussed As A Favourite Of This Analyst

He will keep draining it, he's said as much. They can easily drain it for another year or two at which point he will try and nationalize the oil companies or some other crazy a$$ move. Fundamentals don't matter anymore, until one day, they will. who knows when that is?

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