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 - #1 Top Pick on BNN Market Call - Eric Nuttall

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Comment by jleer42on Oct 24, 2022 4:19pm

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Post# 35044821

RE:RE:MEG - #1 Top Pick on BNN Market Call - Eric Nuttall

He is basing it on the 2023 average price. He addressed both this (100-120 2023 range) and the WCS/WTI spread narrowing in a couple of months.

He may not be correct, but if you are going to bash at least try to get the facts correct.

cashtango00 wrote: Nuttall still using 100wti on all his valuation models......not only is WTI nowhere near 100, but many CDN oils are being hurt by the WCS/WTI spread blowout that he doesn't talk about and doesn't model. Nuttall is a pumping clown

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