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 > Eric's top Pick Today

<< Previous

Bullboard Posts

Next >>

Comment by Paray99on Nov 25, 2022 5:13pm

273 Views

Post# 35129182

RE:Eric's top Pick Today

jleer42 wrote:
Eric's thrid top pick on Market call today.

He also mentioned earlier in the call that due to it's missed-pricing, tax losses, and extensive holdings it is a prime take-over target.

Eric doesn't own this at the moment as he is not paying any dividend and possibly targeting a take over. But, what for us, we love take over and I entered a position today. Planning to hold on throughout 2023 and see how it plays out.

<< Previous

Bullboard Posts

Next >>

Unlocking potential in TAG Oil’s Badr Oilfield Abu-Roash 'F' project